Cummins India Limited Receives Favorable Order from CIT(A) Regarding Assessment Year 2014-15
Pune, March 24, 2026 – Cummins India Limited announced today that the Commissioner of Income Tax (Appeals) (CIT(A)) has issued a favorable order dated March 23, 2026, concerning an appeal filed against an assessment order for the assessment year 2014-15.The CIT(A)’s order grants relief to the company regarding additions totaling INR 8.38 Crores, resulting in a tax impact of INR 2.85 Crores, which the company is expected to receive.
The details of the favorable order are as follows:
| Sr. No. | Particular(s) | Information of such event(s) |
|---|---|---|
| 1a | Name of opposing party | Income Tax Department |
| 1b | Court/ tribunal/agency | Commissioner of Income Tax (Appeals) (CIT(A)) |
| 1c | Brief details/developments of dispute/litigation | The Company has received a favorable order dated March 23, 2026, with respect to appeal filed against the assessment order for assessment year 2014-15. In the Order, CIT(A) has granted relief for all the additions of INR 8.38 Crores having tax impact of INR 2.85 Crores, which is to be received by the Company. |
| 2 | Expected financial implications | INR 2.85 Crores, to be received by the Company. |
| 3 | Quantum of claims | Not applicable |
| 4 | Litigation involving key personnel | Not applicable |
| 5 | Settlement details | Not applicable |
| 6 | Reason for delay | Not applicable |
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