Iron & Steel Products
Legal2 April 2026 at 12:04 pm

Taparia Tools Ltd. Receives Set-Aside Order in ITAT Appeal Hearing, No Tax Liability Payable

AI Summary

Taparia Tools Ltd. has announced that it has received a set-aside order under section 143(3) r.w.s. 254 of the Income Tax Act from the Dy. Commissioner of Income Tax, Circle-1, Nashik. The order, received on 01 April 2026, concludes the assessment proceedings and states that no tax liability is payable by the company. This announcement comes in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.

Key Highlights

  • Taparia Tools Ltd. has received a set-aside order under section 143(3) r.w.s. 254 of the Income Tax Act.
  • The order was received on 01 April 2026 from the Dy. Commissioner of Income Tax, Circle-1, Nashik.
  • No tax liability is payable by the company as per the order.
  • The assessment proceedings now stand concluded.
  • This announcement is in compliance with Regulation 30 of SEBI (LODR) Regulations, 2015.