StockWatch
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Commodity Chemicals
Legal21 Mar 2026, 06:36 pm

Amines & Plasticizers Ltd Receives IT Assessment Orders and Show Cause Notices for AY 2014-15 and 2015-16

AI Summary

Amines & Plasticizers Ltd has received Income-Tax Assessment Orders for Assessment Years (AY) 2014-15 and 2015-16. The orders were received on March 20, 2026, and March 21, 2026, respectively. The company has also received Show Cause Notices (SCN) for Penalty Under Section 274 read with Section 271 (1)(c) of the Act for both assessment years. The company does not foresee any material impact on the financial, operational, or other activities based on preliminary assessment, prevailing law, and counsel's advice.

Key Highlights

  • Amines & Plasticizers Ltd received Income-Tax Assessment Orders for AY 2014-15 and 2015-16.
  • Show Cause Notices (SCN) for Penalty Under Section 274 read with Section 271 (1)(c) of the Act also received for both assessment years.
  • Company does not anticipate any material impact on financial, operational, or other activities.