Allied Blenders and Distillers Ltd Receives Tax Orders for AY 2014-2025; Net Tax Liability Declared Nil
Allied Blenders and Distillers Ltd announced an update regarding its tax litigation, confirming the receipt of orders from the Commissioner of Income Tax (Appeal) covering Assessment Years 2014-2015 through 2024-25.The company stated that it received the relevant orders spanning the period from April 6, 2026, to April 22, 2026. These favorable orders result in a net nil tax liability for the assessed years. The final order was received on April 22, 2026, at 03.55 P.M IST.
The development confirms the status of the tax proceedings concerning the listed entity.
The details related to the tax litigation proceedings are summarized below:
| Assessment Years Covered | Order Period | Resulting Tax Status |
|---|---|---|
| 2014-2015 to 2024-25 | April 6, 2026, to April 22, 2026 | Net nil tax liability |
The company noted that there were no developments reported regarding litigation involving key management personnel, promoters, or ultimate persons in control, and there was no settlement achieved in the proceedings.
ABDL Stock Price Movement
Shares of Allied Blenders and Distillers Limited are edging higher to ₹561.65 as of 3:30 PM, gaining 1.55% on the day. The equity continues to see significant momentum in live trading, with a recorded volume of 314,285 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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