Tax & Penalty22 May 2026, 05:11 pm
TVS Supply Chain Solutions Appeals ₹8.99 Cr Tax Demand
AI Summary
TVS Supply Chain Solutions Ltd has filed an appeal before the Commissioner of Income Tax (Appeals) against an order issued under Section 143(3) read with Section 144C(3), pertaining to disallowance of expenses and transfer pricing adjustments. The disputed tax demand amounts to ₹8.99 crores. The company believes the demand will not have a material impact and has sought a stay on it.
Key Highlights
- TVS Supply Chain Solutions appeals against income tax order.
- The appeal concerns disallowance of expenses and transfer pricing.
- Disputed tax demand amounts to ₹8.99 crores.
- Company seeks stay on the demand, expects no material impact.
Price Impact
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