Income Tax Department appeals ITAT ruling in case of Cummins India Ltd
The Income Tax Department has initiated an appeal before the Bombay High Court against a favorable order granted by the Income Tax Appellate Tribunal (ITAT) to Cummins India Ltd. concerning adjustments related to its tax matters. The company confirmed that the appeal, filed by the Income Tax Department, is pending for admission in the Hon'ble Bombay High Court.The ITAT had previously ruled in favor of Cummins India Ltd., granting relief related to these adjustments amounting to INR 210.77 crores. The appeal challenges this decision by the tax department.
Cummins India became aware of the appeals filed by the Income Tax Department on July 8, 2026. While formal copies of the appeal papers are yet to be received from either party, Cummins is disclosing the matter based on the ITAT order and the information currently available.
The company provided details regarding the litigation and its potential financial impact in response to developments concerning the tax dispute.
Key aspects of the dispute include:
| Particular | Details |
|---|---|
| Opposing Party | Income Tax Department |
| Court/Tribunal Where Litigation is Filed | Bombay High Court (Pending for admission) |
| Quantum of Claims | Not applicable |
| Estimated Tax Impact | Approximately INR 72.88 crores |
The matter pertains to the challenge against the ITAT order, which had awarded relief amounting to INR 210.77 crores in favor of Cummins India Ltd. The company noted that it will provide further updates upon receipt and review of the detailed appeal papers from the Bombay High Court or the Income Tax Department.
CUMMINSIND Stock Price Movement
Today, shares of Cummins India Limited edged up to close at ₹5542.50 after gaining 0.58%. The stock traded between a low of ₹5492 and a high of ₹5566.5, with a total traded volume of 295,533 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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