Tax & Penalty23 Apr 2026, 10:50 am
Dalmia Bharat Sugar files appeal against ₹42.54 Cr tax demand
AI Summary
Dalmia Bharat Sugar and Industries Ltd has filed an e-appeal with the National Faceless Appeal Centre against an assessment order for Assessment Year 2023-24. The appeal contests disallowances and additions made under the Income Tax Act, 1961, amounting to ₹42.54 Crore. The company expects to get relief in CIT (A) and will update stock exchanges on material developments.
Key Highlights
- Dalmia Bharat Sugar filed an e-appeal against assessment order for AY 2023-24.
- The appeal contests disallowances and additions of ₹42.54 Crore.
- The appeal was filed before the Commissioner of Income Tax (Appeals).
- DBSIL expects to get relief in CIT (A).