Rubicon Research Ltd

Rubicon Research Ltd Faces ₹17.25 Crore Tax Demand 🧾

• Received Income Tax Assessment Order on April 21, 2026 for Assessment Year 2023-24

• Transfer pricing adjustments led to disallowances of ₹20.68 crores

• Total tax demand raised: ₹17.25 crores, subject to appeal outcome

• Show cause notice issued for potential penalty proceedings under section 270A

• Company is filing an appeal based on advice from tax advisors