Announced Sat, 25 Jul · 09:42 IST
BlackBuck wins tax case, penalty dropped for AY 2018-19
Regulatory & Legal View source PDF
BLACKBUCK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹541.80
prior close
₹542.55
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.5+0.8+1.6+2.1——————————
Up moveDown movePending
AI summary
BlackBuck received a favourable order from the Income Tax Department on July 24, 2026. Penalty proceedings under Section 270A of the Income-tax Act for AY 2018-19 have been dropped and penalty determined at NIL. The underlying addition of Rs 10.30 crore related to ESOP expenditure was deleted by CIT(A)/NFAC. The company confirms no adverse financial impact and the matter is fully concluded in its favour.
Likely market impact
Positive outcome. No financial impact. Tax matter fully resolved in the company's favour.