Duroply Industries: Tax Litigation Remitted Back to Assessing Authority

Duroply Industries Ltd has received an update on its tax litigation concerning an income-tax demand of Rs. 5,827.57 lacs for Assessment Year 2018-19. The Hon'ble High Court at Calcutta, vide its order dated October 6, 2026, has set aside the final assessment order passed on March 18, 2021. The matter has been remitted back to the Assessing Authority, which will now pass an appropriate assessment order after providing Duroply Industries an opportunity to present its case. This update follows previous disclosures made on August 14, 2023, and subsequent quarterly filings.