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Sasken Technologies Ltd ( (IN:SASKEN) ) has issued an announcement.
Sasken Technologies has disclosed that the Assessment Unit of the Income Tax Department has issued an assessment order under sections 143(3) and 144B of the Income Tax Act, received by the company on March 24, 2026. The order adds disallowances and previously undisclosed income to Sasken’s returned income, resulting in a tax demand of Rs. 8.15 crore.
The company stated that the order does not have a material impact on its financials nor any impact on its operations or other activities, indicating limited immediate business risk. Sasken plans to challenge the assessment and will exercise its right to appeal before the Commissioner of Income Tax (Appeals), signaling that the tax dispute may continue but is being managed through established legal channels.
More about Sasken Technologies Ltd
Sasken Technologies Limited is an India-based technology services company headquartered in Bengaluru, operating in the IT and engineering services industry. It provides product engineering and digital transformation services, catering to global customers across sectors such as communications, automotive, semiconductor, and enterprise, with a focus on complex, R&D-driven technology solutions.
Average Trading Volume: 1,689
Technical Sentiment Signal: Hold
Current Market Cap: 16.62B INR
See more insights into SASKEN stock on TipRanks’ Stock Analysis page.