Avenue Supermarts Ltds subsidiary Align Retail Trades Pvt Ltd has received a tax demand of Rs. 40.82 crore, along with interest of Rs. 23.88 crore and a penalty of Rs. 4.08 crore from the Maharashtra tax authority for alleged misclassification of goods for the financial years 2020-21 and 2021-22. The company plans to appeal against these orders, and notes no material impact on its operations.