Announced Tue, 30 Jun · 07:56 IST
Yes Bank wins tax appeal, to receive Rs 879 Cr refund
Regulatory & Legal View source PDF
YESBANK · 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
-2.2%1-day move
₹25.08
prior close
₹25.25
base price
After-mkt
timing
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AI summary
Yes Bank won its appeal against income tax orders for AY 2018-19. The first level appellate authority ruled in the bank's favour in October and December 2025. As a result, the bank will receive a consolidated refund of Rs 879 Crores from the Jurisdictional Assessing Officer, including interest income and tax benefit on certain expenses. Earlier in March 2024, the bank had faced an additional tax demand of Rs 112.81 Crores under reassessment proceedings.
Likely market impact
Positive for shareholders - Rs 879 Cr refund lifts earnings and cash position. Favourable outcome in long-pending tax dispute.