Cummins India Limited has informed the Exchange about Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
CUMMINSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Cummins India has received a favorable order from the Commissioner of Income Tax (Appeals) on March 23, 2026, in connection with its appeal against the assessment order for Assessment Year 2014-15. The CIT(A) has granted full relief on all additions amounting to INR 8.38 Crores, resulting in a tax refund of INR 2.85 Crores to be received by the company. This follows an earlier intimation dated August 14, 2023, regarding the same matter. The order is a positive development in a long-pending tax dispute.
Positive for shareholders — the company will receive a tax refund of INR 2.85 Crores and avoids a potential tax outgo on the disputed additions. The financial impact is modest in scale relative to Cummins India's size, but it removes an uncertainty linked to AY 2014-15.