Maruti Suzuki India Limited — Others, 25-03-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
25-03-2025 · 09:11 pm
Maruti Suzuki India Limited has received a Draft Assessment Order from the Income Tax Authority for FY 2021-22, proposing additions/disallowances totaling ₹29,660 million regarding its declared income. The company plans to file objections with the Dispute Resolution Panel. However, management indicates that this draft order will not impact the company's financial or operational activities. From an investor perspective, while the proposed disallowances may raise concerns, the company's stance suggests a neutral impact, maintaining a stable outlook for shareholders.
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