Bosch gets demand notice of over ₹20 crore from Income Tax dept

Technology and services provider Bosch Ltd on Monday (March 31, 2025) said it has received a demand notice of over ₹20 crore, including interest, from the Income Tax department for assessment year 2022-2023.

In a regulatory filing, Bosch Ltd said it has received an assessment order dated March 28, 2025, for the Assessment Year 2022-2023, wherein a demand has been raised for ₹18,36,85,366 and an interest of ₹1,80,14,645.

The order is passed by the assessment unit, Income Tax department, it added.

"The company is in the process of preferring an appeal. No quantification of penalty has been passed," the filing said.