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Household Appliances
Legal31 Mar 2026, 03:43 pm

Crompton Greaves Consumer Electricals Ltd Receives Order from Commissioner of Income Tax for AY 2021-22

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 2021-22. The order was received on 30th March, 2026 at 04:07 PM and pertains to an appeal filed by the company against an assessment order dated 20 December 2022. 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 10,22,94,841/- (Tax INR 9,77,56,823 /- and interest INR 45,38,018/-). However, the company has stated that there is no material impact on its financials, operations, or other activities.

Key Highlights

  • Order received from Commissioner of Income Tax (Appeals), National Faceless Appeals Centre, Delhi for AY 2021-22
  • Company to file appeal against the order
  • Potential impact of INR 10,22,94,841/- (Tax INR 9,77,56,823 /- and interest INR 45,38,018/-)
  • No material impact on the company's financials, operations, or other activities
CROMPTON
Household Appliances
Crompton Greaves Consumer Electricals Ltd

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