DCW Limited has informed the Exchange about General Updates
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Awaiting price reaction for this filing.
DCW Limited has informed the stock exchanges about an Income Tax appeal order received on October 16, 2025. The Commissioner of Income Tax (Appeals), Mumbai, passed an order under Section 250 of the Income Tax Act for Assessment Year 2017-18. Through this order, the tax authority has deleted the earlier demand of Rs. 5.63 Crores that was raised by the Assessing Officer on account of various disallowances and additions. This is a continuation of disclosures made earlier in March 2025 regarding the same matter.
This is a positive development for DCW Limited as a tax demand of Rs. 5.63 Crores has been fully deleted in the company's favor, reducing potential financial liability and strengthening its tax position for shareholders.