Nectar Lifesciences Ltd

📄 Nectar Lifesciences Resolves Tax Notice for FY 2017–18 with No Financial Impact

- Deputy Commissioner of Income Tax (DCIT), Chandigarh, disposed of assessment year 2017–18 notice in favor of Nectar Lifesciences on March 31, 2026.

- Order received via email on April 9, 2026, with no financial implication or claim amount (NIL).

- Company had previously challenged notices under Sections 148 and 148A(b) of the Income Tax Act, 1961.

- For assessment years 2018–19 to 2021–22, initial objections were rejected, but fresh writ petitions were allowed in the company’s favor on May 1, 2025, and May 7, 2025.