Tax & Penalty2 Oct 2026, 09:58 am
DIC India Ltd Receives Directions from Dispute Resolution Panel
AI Summary
DIC India Ltd has received directions from the Dispute Resolution Panel (DRP)-2, New Delhi, dated September 30, 2026, concerning transfer pricing adjustments for FY 2022-23 (AY 2023-24). The DRP did not accept most of the company's objections against the draft assessment order. The company is awaiting the final order from the Assessing Officer, after which it will evaluate and take appropriate action. The financial and operational impact is currently not quantifiable as the final order is pending. The company has disclosed this information as per SEBI Listing Regulations.
Key Highlights
- Received directions from Dispute Resolution Panel regarding transfer pricing.
- DRP did not accept most of DIC India's objections.
- Awaiting final assessment order from Assessing Officer.
- No quantifiable financial impact as of date.
- Company will evaluate and take appropriate action post-final order.
Price Impact
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