Announced Thu, 25 Jun · 14:39 IST
ITAT dismisses Income Tax Department appeals for AY 2015-16 to 2023-24
General View source PDF
POLYCAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.9%1-day move
₹9706.50
prior close
₹9571.00
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2-0.4-0.3-0.5+0.9+2.7-0.2-0.7-1.7-3.5-8.8-7.0——
Up moveDown movePending
AI summary
The Income Tax Appellate Tribunal has dismissed appeals filed by the Income Tax Department against Polycab for Assessment Years 2015-16 to 2023-24 (Financial Years 2014-15 to 2022-23). Earlier, CIT(A) had granted complete relief, and ITAT has now upheld that order. The company does not expect any adverse impact on its financials or operations. Order received on 24th June 2026.
Likely market impact
Positive outcome. No additional tax liability expected. Company's tax position upheld by ITAT.