Announced Thu, 25 Jun · 15:18 IST
Income tax penalty orders worth Rs 271.48 lakhs received; company to appeal
Regulatory & Legal View source PDF
BHARATSE · price
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Price reaction · full curve 14 horizons · vs prior close
+1.2%1-day move
₹184.72
prior close
₹186.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.1+0.8——+1.2+3.1+23.3+30.5+31.0+26.4+21.3+15.3——
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AI summary
Bharat Seats received 4 income tax penalty orders under Section 271DA of the Income Tax Act for Assessment Years 2019-20, 2020-21, 2021-22, and 2024-25. Total penalty is Rs 271.48 lakhs, with the largest being Rs 170.76 lakhs for AY 2021-22. Orders were received on June 24, 2026. The company will file appeals and, based on its own assessment and legal advice, expects a favorable outcome with no impact on financials or operations.
Likely market impact
Total tax penalty of Rs 271.48 lakhs pending appeal. Company expects no material financial impact based on legal advice.