R R Kabel Limited Receives Re-assessment Orders from Income Tax Department
R R Kabel Limited announced it received Re-assessment Orders from the Office of the Deputy Commissioner of Income Tax concerning Assessment Years 2018-19, 2019-20, and 2021-22. The communication was received on March 24, 2026, for AY 2018-19 and AY 2019-20, and March 23, 2026, for AY 2021-22.The Income Tax Department’s orders indicate a demand of ₹66.58 Crores, including ₹42.27 Crores in interest, due to additions and disallowance of expenditures under various sections of the Income Tax Act.
R R Kabel Limited stated it believes the demand is higher due to computational errors in one of the reassessment orders and intends to file rectification under section 154 of the Act. The company also plans to file appeals against all orders. The company currently does not anticipate a material impact on its financials, operations, or other activities.
Summary of Details
The following table summarizes the key details of the communication:
| Particulars | Details |
|---|---|
| Company Name | R R Kabel Limited |
| Type of Communication | Re-assessment Orders under section 143(3) read with section 147 of the IT Act |
| Date of Receipt | AY 2018-19 & AY 2019-20: March 24, 2026; AY 2021-22: March 23, 2026 |
| Authority | Office of the Deputy Commissioner of Income Tax, Central Circle-1, Vadodara |
| Total Demand | ₹66.58 Crores (including ₹42.27 Crores interest) |
| Period Applicable | AY 2018-19 (Financial Year 2017-18), AY 2019-20 (Financial Year 2018-19), AY 2021-22 (Financial Year 2020-21) |
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