Income Tax Penalty of Rs 15.18 Lakh for AY 2024-25
DAICHI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 1.5 pts more than Nifty Microcap 250 and 1.2 pts more than its Specialty Chemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Dai-ichi Karkaria received an Income Tax penalty order of Rs 15.18 lakh under Section 270A of the Income-tax Act for Assessment Year 2024-25, related to under-reported income of Rs 90.93 lakh which reduced a claimed loss. The order dated September 18, 2026 was received via email on September 19, 2026. The company plans to appeal before the Commissioner of Income Tax (Appeals). A revision application under Section 264 filed on July 16, 2026 is also pending. Management states no material impact on operations.
Penalty is small relative to company size. Company is contesting via appeal, so likely limited near-term impact on stock.