JK Paper Limited — Others, 26-06-2025: Action(s) taken or orders passed

JK Paper Ltd. has announced a board meeting on the financial results for the quarter and half-year. The company received a favorable order from the Commissioner of Income Tax (Appeals) for the assessment year 2020-21, which nullifies a previous aggregate demand of ₹16,556.42 lakh (including interest of ₹2,239.35 lakh). This order grants substantial relief with no penalty or restrictions imposed, and no further action is required. This outcome positively impacts the company’s tax liabilities and enhances its financial position.