Tilaknagar Industries Receives Order from Commissioner of Income Tax (Appeals)
Tilaknagar Industries Ltd. announced on March 31, 2026, that it received an order from the Commissioner of Income Tax (Appeals) regarding assessments for the Assessment Years 2016-17 through 2024-25.The order follows search and survey proceedings conducted by the Income Tax Department, where the Assessing Officer had previously made additions and disallowances. The company filed an appeal against these assessment orders.
During the appeal process, Tilaknagar Industries submitted required documents to the Commissioner of Income Tax (Appeals). The CIT(A) subsequently granted partial relief, reducing additions made by the Assessing Officer by approximately ₹169 crores.
According to the company’s assessment, the order is not expected to have a material impact on the financial position, operation, or other activities of Tilaknagar Industries. The company will review the CIT(A) Orders and determine further actions.
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