Legal24 Mar 2026, 02:34 pm
Tata Consumer Products Ltd Receives Rectification Order, Entire Tax Demand Deleted
AI Summary
Tata Consumer Products Ltd has announced that it has received a rectification order from the Deputy Commissioner of Income-tax, Circle 4(1), Kolkata, bearing DIN: ITBA/REC/M/154/2025-26/1087371347(1). The order has resulted in the deletion of the entire tax demand of Rs. 2,69,29,49,860/- that was raised by the Centralized Processing Center, Income-tax Department, Bengaluru, pursuant to the modified income-tax return filed for the Financial Year 2018–19. The company's claims made in the modified tax return have been reinstated.
Key Highlights
- Tata Consumer Products Ltd receives rectification order from Deputy Commissioner of Income-tax, Circle 4(1), Kolkata
- The entire tax demand of Rs. 2,69,29,49,860/- has been deleted
- The company's claims made in the modified tax return have been reinstated
- The order is in compliance with Regulation 30 read with Schedule III to the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- The information is also hosted on the company’s website at www.tataconsumer.com