Amagi to Contest Rs 2.06 Crore Tax Demand for Alleged TDS Irregularity

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Amagi Faces Rs 2.06 Crore Tax Demand Over Alleged TDS Lapse; Company to Appeal

Amagi receives Rs 2.06 crore tax notice.

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Storyboard•19-03-2026, 15:20

Amagi Faces Rs 2.06 Crore Tax Demand Over Alleged TDS Lapse; Company to Appeal

•Adtech firm Amagi Media Labs Limited received a tax demand of Rs 2.06 crore from the Income Tax Department.
•The demand is related to alleged non-compliance with Tax Deducted at Source (TDS) on payments made to non-residents.
•The order, issued by the Deputy Commissioner of Income Tax, Bengaluru, includes Rs 1.12 crore tax liability and Rs 94.29 lakh interest.
•Amagi is deemed an “assessee in default” for FY 2019–20, with payments to non-residents classified as “fees for technical services” subject to TDS.
•Amagi plans to appeal the order, stating the financial impact is limited to the demand amount and operations remain unaffected.

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