Mahindra & Mahindra Limited — Others, 25-10-2024: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

Mahindra & Mahindra Ltd. has provided an update regarding ongoing tax litigation. The Bombay High Court dismissed an appeal by the Income Tax Department concerning a tax dispute amounting to Rs. 0.31 crores, stating it falls below the Rs. 2 crores limit for appeal set by tax regulations. This decision follows a prior order from the Income Tax Appellant Tribunal that had previously granted relief to the company.