Income Tax Appeals: ESAB India Faces Penalty Upholding from CIT(A) Over Two Financial Years

Income Tax Appeals: ESAB India Faces Penalty Upholding from CIT(A) Over Two Financial Years​

ESAB India Limited has received orders from the Commissioner of Income Tax (Appeals), which have upheld penalties imposed by the Assessing Officer related to two financial years. The company is currently reviewing these outcomes and plans to appeal further against the decisions.

The matter concerns penalties arising from an alleged underreporting of total income. These penalties were originally levied following orders issued by the Income Tax Assessing Officer in December 2025.

ESAB India Limited had previously filed appeals under section 250 of the Income Tax Act before the Commissioner of Income Tax (Appeals) against these penalty impositions. The appeals, concerning AY 2017-18 and AY 2018-19, were heard by the tax authorities.

The Commissioner of Income Tax (Appeals) dismissed both appeals on August 20, 2026, consequently upholding the original penalties imposed by the Assessing Officer. The details of the penalty orders and the relevant financial implications for ESAB India Limited are summarized below:


The outcome of the appeal for AY 2017-18, Order No. ITBA/NFAC/S/250/2026-27/1092388988(1) dated August 20, 2026, concerned penalty imposition regarding the alleged underreporting of total income. Similarly, Order No. ITBA/NFAC/S/250/2026-27/1092361842(1) dated August 20, 2026, confirmed the penalty for AY 2018-19 due to underreported total income.

In response to these developments, ESAB India Limited has stated that it will be preferring an appeal against the Orders of the Commissioner of Income Tax (Appeals).

ESABINDIA Stock Price Movement​

Esab India Limited shares edged higher on Friday, closing at ₹6210 after gaining 0.79% in a session marked by relatively steady trading. The stock traded within a narrow range between the daily lows of ₹6100 and highs of ₹6239, with 4,031 shares turning over during the period.