NDR Auto Components Receives Income Tax Appellate Orders for Three Assessment Years
NDR Auto Components Limited has received appellate orders from the Income Tax Department, Office of the Commissioner of Income Tax (Appeals), concerning assessments for multiple financial years.The orders were dated April 24, 2026, and received on April 27, 2026, covering appellate actions taken under section 250 of the Income Tax Act, 1961. The assessment years addressed by these orders are 2021-22, 2023-24, and 2024-25.
Management stated that the appeal for the assessment year 2022-23 remains pending before the Commissioner of Income Tax (Appeal).
The orders impact the outstanding demand across the assessed years, which the company reported in previous intimations. The total outstanding demand for AY 2021-22, AY 2023-24, and AY 2024-25 was Rs 3.07 crores.
According to the company, the passing of the appeal effect order by the assessing officer, in line with the orders received from the Commissioner of Income Tax (Appeals), is expected to reduce the total outstanding demand to Rs 24 lacs. NDR Auto Components Limited plans to file an appeal before the Income Tax Appellate Tribunal regarding this remaining balance demand of Rs 24 Lacs.
The details of the received orders and the associated years are summarized below:
| Authority | Action Taken | Years Covered | Order Receipt Date |
|---|---|---|---|
| Income Tax Department, Office of The Commissioner of Income Tax (Appeals) | Appellate Orders under section 250 of the Income Tax Act 1961 | 2021-22, 2023-24, and 2024-25 | April 27, 2026 |
NDRAUTO Stock Price Movement
Today, Ndr Auto Components Limited shares edged higher to close at ₹775.8, representing a 5.21% gain for the day. The stock saw active trading, completing the session on a volume of 84,978 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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