ALPHA TRIBE

DCM Shriram LimitedOthers, 02-07-2025: Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company

02-07-2025 | 11:48 am

DCM Shriram has announced a board meeting on the announcement date. The Income-tax Appellate Tribunal (ITAT), New Delhi, delivered orders on multiple assessment years (AY 2015-16, 2016-17, 2018-19, and 2020-21), granting significant tax relief totaling over Rs. 300 Cr. While some claims have been referred back to the Assessing Officer for verification of enhanced deductions under section 80IA, the ITAT rulings have no material impact on the company’s profit and loss. This development reduces the company’s tax liability uncertainty and supports its financial stability.

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