Sagility Ltd Plans Appeal Against ₹100 Crore Tax Demand
Sagility Limited has received a final income tax assessment order for Assessment Year 2023-24, demanding ₹100 crore including interest. The company reported receiving this order on April 14, 2026, and states it plans to appeal the decision.
The tax demand stems from transfer pricing adjustments of ₹189.50 crore made by the Income Tax Authority. Sagility Limited disputes these adjustments and believes the demand is not maintainable.
The company will initiate the process to file an appeal with the Commissioner of Income Tax (Appeals). It may also file a rectification application to address any potential mistakes in the assessment order.
Sagility has emphasized that the tax demand is not expected to have a material impact on its financial results or operations.
However, the outcome of the appeal represents a key risk. If the tax authority's assessment is upheld, Sagility would be liable for the ₹100 crore, which could potentially strain its liquidity and financial health. Shareholders are advised to monitor the progress of the appeal.
