Announced Wed, 26 Aug, 2026 · 17:04 IST
Income Tax appeal: partial relief of about Rs 54.4 lakh granted
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction
Awaiting price reaction for this filing.
AI summary
CIT Appeals passed order on Aug 17, 2026 (received Aug 26) on company appeal against AY 2019-20 assessment. Original demand was Rs 77.56 lakh. CIT Appeals granted relief of Rs 54.41 lakh by deleting additions, restricting addition under section 69C to about Rs 6.60 lakh. Final tax demand is unascertained and pending assessing officer decision. Company says no material financial impact expected.
Likely market impact
Positive partial win in tax appeal, no material financial impact expected; final tax demand still pending.