CRISIL Limited Receives Assessment Order for Income Tax of INR 148.99 Crores
CRISIL Limited has received an assessment order concerning its Income Tax return for the Assessment Year (AY) 2023-24, covering the Financial Year (FY) 2022-23. The assessment order was dated April 21, 2026, issued under Section 143(3) read with Section 144B of the Income-tax Act.The order proposed certain disallowances by the assessing officer, resulting in a significant tax and interest demand.
Details regarding the dispute are as follows:
| Aspect | Details |
|---|---|
| Opposing Party/Agency | Income Tax Authority |
| Nature of Dispute | The Company received an assessment order dated April 21, 2026, under Section 143(3) read with Section 144B of the Income-tax Act, for the FY 2022-23 (AY 2023-24) proposing certain disallowances. |
| Quantum of Claim | Tax plus interest demand of INR 148.99 Crores. |
In terms of financial and operational impact, the Company stated that there is no immediate impact on its financial, operation, or other activities. CRISIL Limited intends to file an appeal against the received order.
CRISIL Stock Price Movement
On Tuesday, CRISIL Limited shares edged higher, closing at ₹4363.9 after gaining 0.35%. The stock recorded solid daily activity, with total traded volume reaching 172,849 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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