PAR2026-06-15PAR2026-06-15ActionsTakenOrOrdersPassedDomain1PAR2026-06-15ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain1PAR2026-06-15SignatoriesDomain1xbrli:purePARPar Drugs And Chemicals Limited000000NOTLISTEDINE04LG01015NewAction(s) taken or orders passed (sub-para 20)false2026-06-0917:06:002026-06-15Any other similar action(s)The Company has filed a rectification application u/s 154 of Income Tax Act, 1961 against the Intimation Order under Section 143(1) of the Income Tax Act, 1961 received from the Income Tax Department wherein certain additions/disallowances aggregating to Rs.58,78,360/- were made to the taxable income of the Company, resulting in a tax demand of Rs.14,79,466/- along with interest of Rs.5,29,563/-, aggregating to Rs.20,09,030/- On processing the application, the department has passed an order u/s 154 of Income Tax Act, 1961 by deleting the additions/disallowances resulting the demand payable to Rs. NilStatutory AuthorityIncome-tax officer, Centralised Processing Centre, Income Tax Department, Bangalore1Listed Entity (Self)Par Drugs And Chemicals LimitedEmailThe Company has filed a rectification application u/s 154 of Income Tax Act, 1961 against the Intimation Order under Section 143(1) of the Income Tax Act, 1961 received from the Income Tax Department wherein certain additions/disallowances aggregating to Rs.58,78,360/- were made to the taxable income of the Company, resulting in a tax demand of Rs.14,79,466/- along with interest of Rs.5,29,563/-, aggregating to Rs.20,09,030/- On processing the application, the department has passed an order u/s 154 of Income Tax Act, 1961 by deleting the additions/disallowances resulting the demand payable to Rs. Nil2026-06-09As per the Intimation Order passed under Section 143(1) of the Income Tax Act, 1961, an amount of Rs.32,00,000/- towards CSR expenditure and an amount of Rs.26,78,360/- towards provision for gratuity were added to the taxable income of the Company. Upon verification, it was observed that both the aforesaid amounts had already been added back while computing the taxable income of the Company. However, due to an inadvertent clerical error while filing the Income Tax Return (ITR), the said amounts were incorrectly disclosed/disallowed under the wrong column/serial number in the ITR, which resulted in an excess tax demand of Rs.14,79,466/- along with interest of Rs.5,29,563/-, aggregating to Rs.20,09,030/-. After rectification request there is a mistake(s) in the said intimation u/s 143(1) which is apparent from record within the meaning of Section 154 of Income Tax Act, 1961. and upon such rectification, the tax demand is recomputed as NILNot ApplicableThe rectification order has been passed and tax demand is recomputed as NIL. Accordingly, as on the date of this disclosure, there is no impact on the financial, operational or other activities of the Company quantifiable in monetary terms.As per the Intimation Order passed under Section 143(1) of the Income Tax Act, 1961, an amount of Rs.32,00,000/- towards CSR expenditure and an amount of Rs.26,78,360/- towards provision for gratuity were added to the taxable income of the Company. Upon verification, it was observed that both the aforesaid amounts had already been added back while computing the taxable income of the Company. However, due to an inadvertent clerical error while filing the Income Tax Return (ITR), the said amounts were incorrectly disclosed/disallowed under the wrong column/serial number in the ITR, which resulted in an excess tax demand of Rs.14,79,466/- along with interest of Rs.5,29,563/-, aggregating to Rs.20,09,030/-. After rectification request there is a mistake(s) in the said intimation u/s 143(1) which is apparent from record within the meaning of Section 154 of Income Tax Act, 1961. and upon such rectification, the tax demand is recomputed as NILNot ApplicableNot ApplicableNot ApplicableSanket B. TrivediCompany Secretary & Compliance Officer2026-06-10Bhavnagar