Kalpataru Ltd faces tax appeal filed by Deputy Commissioner of Income Tax
Kalpataru Ltd has been informed that the Deputy Commissioner of Income Tax (DCIT) has filed an appeal before the Income Tax Appellate Tribunal. The appeal challenges an Order previously issued by the Commissioner of Income Tax (Appeals) [CIT(A)].The appeal pertains to a matter under Section 253 of the Income Tax Act, 1961, which relates to the assessment year 2022-23. This dispute involves partial relief granted by the CIT(A).
According to reports, the tax impact associated with this appeal amounts to Rs. 237.68 lacs, excluding applicable interest.
Kalpataru Ltd confirmed that it will defend the matter and expressed confidence regarding a favorable outcome in the tribunal process. The DCIT filed the appeal on June 17, 2026.
KALPATARU Stock Price Movement
Kalpataru Limited's stock is shedding value as of 12:01 PM, dipping by 1.20% and trading at ₹326.1. With a traded volume of 49,610 shares, the company remains within an intraday band spanning from ₹325.3 to ₹335.85.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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