DFPCL Wins ITAT Appeal on ₹215 Cr Tax Dispute

Deepak Fertilisers & Petrochemicals Corporation Limited (DFPCL) has received a favorable outcome in its appeal before the Income-tax Appellate Tribunal (ITAT), Mumbai. The ITAT dismissed the appeals filed by the Department for Assessment Years 2013-14 to 2018-19, which involved a disputed taxable income of ₹215 Crores. This decision upholds the relief previously granted by the Commissioner of Income Tax (Appeals). Additionally, the Company's own appeals for AY 2015-16 and AY 2016-17 on specific issues were allowed for statistical purposes. The event occurred on November 13, 2026.