Panasonic Energy India Co. Ltd. received an income tax assessment order on December 18, 2025, demanding ₹3,59,953 for delayed TDS deduction under Section 194J. The demand includes ₹1,44,270 in tax, ₹1,44,270 in penalty, and ₹71,413 in interest. While there is financial impact to the extent of the demand, the company confirmed no operational impact on business activities.
Panasonic Energy India Receives Income Tax Assessment Order for ₹3.59 Lakh TDS Demand
