SML Isuzu Limited has informed the Exchange about Action(s) initiated or orders passed by Income Tax Department
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SML Isuzu Limited has disclosed receiving an intimation from the Income Tax Department's Centralized Processing Cell (TDS) under Section 200A/206CB of the Income Tax Act, 1961. The intimation, dated 31 May 2025 and downloaded on 9 June 2025, pertains to Q-4 of FY 2024-25 (Form 26Q) and is for a very small amount of Rs. 3,150 (including interest). The issue relates to a short deduction of TDS by the company. SML Isuzu has stated it will rectify the TDS return against this intimation. The monetary impact is negligible at just Rs. 3,150.
This is a routine, very minor tax compliance matter with negligible financial impact (Rs. 3,150) and is unlikely to affect the stock price or shareholder value. Shareholders need not be concerned as the company will simply rectify the TDS return.