Dodla Dairy Limited has informed the Exchange about Action(s) taken or orders passed
DODLA · price
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Awaiting price reaction for this filing.
Dodla Dairy has received an order from the Income Tax Department (Assessing Officer) levying a penalty under Section 270A of the Income Tax Act, 1961 for Assessment Year 2017-18. The penalty relates to disallowance under Section 14A and interest expenditure that was previously disallowed by the CIT(A). The company received the order on 23 February 2026 and states it is evaluating further action against it. The financial impact is stated as INR 12.2 Lakhs. The company says the order was passed without considering the merits of the case.
The penalty amount is small (around ₹12.2 lakhs) and unlikely to materially affect the company's financials or operations. However, it signals an ongoing tax dispute for an older assessment year, and any adverse appeal outcome could add to liabilities.