Prism Finance Challenges ₹5.16 Crore Tax Demands Before ITAT

Prism Finance filed appeals before ITAT Ahmedabad against NFAC orders dated June 19 and July 1, 2026 upholding reassessment additions for AY 2016-17 and 2018-19. Tax demands of Rs 53.6 lakh and Rs 462.1 lakh challenged; company sees no significant financial impact yet.