Endurance Technologies Limited Wins Appeal, Demand Order Set Aside for FY 2020-21
Endurance Technologies Limited has successfully secured a favorable ruling in a tax dispute, following an appeal that resulted in a Demand Order being set aside. The decision comes from the Joint Commissioner (ST), Appeals, regarding a matter pertaining to the financial year 2020-21.The dispute originally stemmed from an Order passed by the Deputy Commissioner (CT), LTU-DC1, Tamil Nadu. This Demand Order involved a total demand of Rs. 98.28 lakh. The specified amount included disputed tax amount, interest, and penalty. The tax demand primarily related to Credit Notes issued to customers for sales return transactions and interest calculated on the reversal of input tax credit.
The company subsequently initiated legal proceedings by filing an appeal before the Office of the Joint Commissioner (ST), Appeals, Chennai-35.
Following the submission of supporting documentation by Endurance Technologies Limited, the Joint Commissioner (ST), Appeals, issued an Order dated May 14, 2026. This order allowed the appeal, thereby setting aside the previously issued Demand Order.
ENDURANCE Stock Price Movement
Today, Endurance Technologies Limited shares slipped by 3.47% to settle at ₹2528.6. The stock recorded a total traded volume of 368,996 shares during the session.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.
The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.
Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.