DCW Ltd Tax Relief: MAT Credit Reduced by ₹16.94 Cr

DCW Ltd has received a favorable order from the Commissioner of Income Tax (Appeals) - 47, Mumbai, under Section 250 of the Income Tax Act, 1961, for the Assessment Years 2015-16 to 2024-25. The order, received on September 01, 2026, deleted various additions made by the Assessing Officer, leading to a reduction in the Minimum Alternate Tax (MAT) credit by ₹16.94 crores. This results in a favorable tax impact of ₹11.99 crores and a commensurate reduction in the company's contingent liability. DCW Ltd, in consultation with tax experts, believes the remaining additions sustained by the CIT(A) are not legally tenable and plans to pursue appeals.