Radio City Parent Music Broadcast Ltd Receives Rs 89.63 Lakh Tax Demand For FY22

Music Broadcast Ltd, the parent company of Radio City, has received a tax demand of Rs 89.63 lakh from the Office of the Deputy Commissioner, Lucknow, Uttar Pradesh, for the financial year 2021–22, the company said in a regulatory filing on Monday.

The demand has been issued under Section 73 of the IGST, CGST and SGST Acts, 2017, along with the applicable rules. It includes CGST of Rs 9.35 lakh, IGST of Rs 70.93 lakh and SGST of Rs 9.35 lakh, taking the total demand to Rs 89.63 lakh.

According to the filing, the tax order was received on December 19, 2025, at around 6:56 pm, and was brought to the attention of the company’s compliance officer on December 22, after the resumption of office operations.

Music Broadcast said the tax demand will not have any material impact on its financial position, operations or business activities. The company added that, based on a preliminary assessment and legal advice, it believes it has strong grounds to contest the order and expects no material adverse financial impact at this stage.