Jtekt India Limited — Important, 29-04-2025: General Updates

JTEKT India faces an Assessment Order from the Income Tax Department for FY 2021-22, with disallowances of ₹22.00 Cr and a demand notice of ₹7.50 Cr. A Show Cause Notice for penalty proceedings has been issued, and while the company intends to appeal, it reports no immediate impact on its financials or operations. Investors should keep an eye on the appeal's outcome and any possible future financial implications.