SML Isuzu Limited has informed the Exchange about Action(s) initiated or orders passed
SMLMAH · price
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SML Isuzu Limited informed the exchanges that the Income Tax Department's Centralized Processing Cell (TDS) has nullified a previous tax demand of Rs. 5,830. The original demand (dated 2 August 2025) was related to an alleged short deduction of tax under the company's Plant TAN for Q1 of FY 2025-26. After the company filed a revised TDS return (Form 26Q), the Income Tax authority withdrew the demand on 8 August 2025. The amount involved is extremely small and purely a tax-procedural matter, not a regulatory or legal penalty against the company.
This is a minor, neutral-to-positive development for shareholders. The negligible demand has been fully withdrawn, leaving no financial impact. Stock price is unlikely to be affected.