Income Tax penalty order of about Rs 4.59 lakh for AY 2020-21

Litigation lossRegulatory & Legal View source PDF Explain this filing

BBL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹2168.10

prior close

₹2181.00

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-0.2% vs market

Heavy Electrical Equipment peers, median of 34sector-0.7%+0.3% vs sector

On the reaction day the stock moved 0.2 pts less than Nifty Microcap 250 and 0.3 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.3

10m

-0.7

15m

-1.1

30m

-1.6

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-0.1-0.2-0.7+0.3

Next day

+1.8+0.7+1.1+1.1+0.7

+1.7+2.3-0.6+2.2-0.5

+0.8+2.2-1.4+2.7-1.9

+2.3+2.6-0.3+2.0+0.3

+2.9+3.9-1.0+2.9+0.1

-0.3+2.7-3.0+1.5-1.8

15d

-4.5-1.2-3.3-0.3-4.2

+12.9-0.2+13.1-1.7+14.6

—————

UpDownMarket · Nifty Microcap 250Sector · Heavy Electrical Equipment peers, median of 34Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Bharat Bijlee received a penalty order from the Income Tax Department dated September 14, 2026, under Section 270A of the Income Tax Act, 1961, for Assessment Year 2020-2021. The penalty of Rs 4,58,765 (about Rs 4.59 lakh) relates to MAT credit disallowance. The company has been advised to pay the amount.

Likely market impact

Minor financial impact as penalty is small (about Rs 4.59 lakh). Company may explore appeal options against the order.