Legal9 Sept 2026, 07:20 pm
Zaggle Prepaid Ocean Services Ltd: Income Tax Appeal Dismissed
AI Summary
Zaggle Prepaid Ocean Services Ltd has announced that its appeal before the Hon’ble Commissioner of Income Tax (Appeals) against an Assessment Order and Notice of Demand for AY 2024-25 has been dismissed. The company received the order on September 08, 2026. Zaggle believes it has strong grounds to defend its position and intends to file a further appeal before the Hon’ble Income Tax Appellate Tribunal (ITAT) within the stipulated timelines. This update follows a previous disclosure made on March 26, 2026.
Key Highlights
- Income Tax appeal for AY 2024-25 dismissed by Commissioner (Appeals).
- Company to file further appeal before Income Tax Appellate Tribunal (ITAT).
- Zaggle believes it has strong grounds to defend its tax position.
- Update follows earlier disclosure from March 26, 2026.
Price Impact
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