HMA Agro Industries Limited — Others, 27-07-2025: Action(s) taken or orders passed

HMA Agro Industries Limited has received favorable orders from its income tax appeals, resulting in the quashing of substantial demands for Assessment Years 2019-20, 2021-22, 2022-23, and 2023-24. Consequently, revised refund orders have been issued to the company. This positive development reinforces HMA Agro's compliance and has no adverse financial impact. It's important to note, however, that the income tax department has filed further appeals with the Income Tax Appellate Tribunal in Agra.