ITD imposes Income Tax, Interest & Penalty on Sai Life Sciences for non-deduction of TDS:

Sai Life Sciences Ltd received a Rs 2.54 crore tax demand for alleged non-deduction of TDS on non-resident payments.
Sai Life Sciences Gets Tax Notice Over TDS on Non-Resident Payments

ITD imposes Income Tax, Interest & Penalty on Sai Life Sciences for non-deduction of TDS
Sai Life Sciences Limited, a leading global Contract Research, Development, and Manufacturing Organisation (CRDMO), issued a disclosure to NSE Ltd and BSE Ltd regarding receipt of a demand order.
Background of the Case
The company said that the Income Tax Department has sent them a notice because they did not deduct TDS on certain payments made to non-residents. Because of this, the department is asking the company to pay the tax amount of Rs 2,54,39,944, along with interest of Rs 1,99,17,238. Additionally, a penalty may also be charged later, depending on the decision of the tax officer.
Key details of the Case
Company's Disclosure Compliance
The above disclosure is made by the company under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Company's Further Step
Based on the company’s assessment, it plans to file an appeal and expects a positive outcome at the appellate level.
Financial Impact on Company
The company said it does not have any material financial impact on the company.
| Particular | Details |
| Issuance Authority | The Deputy Commissioner of Income Tax (International Taxation) Hyderabad |
| Date of receipt | March 20, 2026 |
| Details of the violation | Non-deduction of TDS on payments made to non-resident |
About Author
Vanshika verma
Content Writer
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
Vanshika Verma is a Content Writer with 1+ year of experience at Studycafe.in. A B.Com graduate from Delhi University, She writes articles on Finance, Tax, ICAI, GST, and the latest financial news, with a focus on making complex topics easy for readers and professionals.
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