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Dabur India LimitedOthers, 01-04-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

01-04-2025 · 05:11 pm

Dabur India Ltd. has reported receiving an Income Tax re-assessment Order for FY 2017-18, with a demand of ₹110.33 crore due to alleged incorrect claims of tax deductions related to in-house Research and Development as well as Section 14A of the Income Tax Act. The company intends to appeal this demand and believes it has strong grounds for reducing the penalty, citing computation errors by the tax authority. Any financial implications from the order seem manageable and may only affect the final demand as determined by higher courts. This development could lead to a positive outlook for investors, given the company’s confidence in resolving the issue favorably.

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