Maral Overseas Limited — Others, 07-05-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
07-05-2025 | 09:06 pm
07-05-2025 | 09:06 pm
Maral Overseas has settled its pending tax appeals for Assessment Years 2007-08 and 2011-12 by adjusting business losses and unabsorbed depreciation, avoiding any additional tax liability on disputed amounts of Rs. 3.17 Cr and Rs. 4.65 Cr. The company confirmed no material impact on its financials or operations from this resolution, removing longstanding tax uncertainties and providing clarity for shareholders.
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