
Legal1 April 2026 at 10:14 am
Crompton Greaves Consumer Electricals Ltd Receives Order from Commissioner of Income Tax (Appeals) for AY 2020-21
AI Summary
Crompton Greaves Consumer Electricals Ltd has received an order from the Commissioner of Income Tax (Appeals), National Faceless Appeals Centre, Delhi, for the period AY 2020-21. The order was received on 31st March 2026, in respect of an appeal filed by the company against an assessment order dated September 26, 2022, passed under Section 143(3) of the Income Tax Act, 1961. The company plans to file an appeal against this order and expects a favourable outcome from the appellate authorities. The potential impact of the order is INR 65,23,167. However, there is no material impact on the financials, operations, or other activities of the company.
Key Highlights
- Order received from Commissioner of Income Tax (Appeals) for AY 2020-21
- Company to file an appeal against the order
- Potential impact of INR 65,23,167
- No material impact on financials, operations, or other activities of the company