ALPHA TRIBE

JK Lakshmi Cement LimitedOthers, 23-06-2025: Action(s) taken or orders passed

23-06-2025 | 05:19 pm

JK Lakshmi Cement has announced a board meeting on the financial results for the quarter and half-year. The company resolved a tax dispute related to FY 2020-21 when the Income Tax Officer had added ₹60.33 Cr to its income, raising a demand of ₹25.39 Cr including interest. JKLC contested this and received a favorable order from the Commissioner of Income Tax (Appeals). Following this, the tax demand and additions have been fully withdrawn, with no financial impact on the company. No penalties or further actions are required.

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