Announced Thu, 9 Jul · 19:38 IST
Income Tax Department appeals ITAT relief at Bombay High Court
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CUMMINSIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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+0.5%1-day move
₹5530.50
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₹5567.00
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AI summary
The Income Tax Department has filed an appeal with the Bombay High Court against an earlier ITAT order that had granted relief to Cummins India in respect of income tax adjustments amounting to INR 210.77 crores. The estimated tax impact is approximately INR 72.88 crores. The appeal is currently pending admission. The company became aware on July 8, 2026 and is disclosing based on information available, with further updates to follow once detailed appeal papers are received.
Likely market impact
Company's favorable ITAT order is under challenge. Potential tax liability of about Rs 72.88 crores. Watch for next hearing outcome.