FORCE MOTORS LTD — Others, 05-05-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
05-05-2025 | 07:21 pm
05-05-2025 | 07:21 pm
Force Motors has filed a writ petition in the Bombay High Court challenging reassessment notices concerning R&D expenditure claims for FY 2017-18 and FY 2019-20. The company does not expect any financial impact, penalty, or demand from this dispute. This move is aimed at safeguarding its tax position on R&D credits, supporting ongoing cost management and investment in innovation, which are key to its business strategy and shareholder value.
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