Jubilant Pharmova: ₹22.10 Cr Tax Demand Deleted by Income Tax Dept

Jubilant Pharmova Ltd has received a rectification order from the Income Tax Department, resulting in the deletion of a tax demand of ₹22.10 crores for Assessment Year 2020-21. This follows a rectification application filed by the company against certain tax demands. While this specific demand has been fully deleted, the company is separately pursuing an appeal on merit grounds before the ITAT. The rectification order was received on July 15, 2026. The company will post the details on its website.