Deepak Fertilizers and Petrochemicals Corporation Limited — Important, 27-08-2025: Disclosure of material issue

Deepak Fertilisers (#DEEPAKFERT) has received a favorable ruling from the Commissioner of Income Tax (Appeals). The company's appeals against income tax disallowances for Assessment Years 2013-14 and 2014-15 have been allowed in its favor.

**The Issue:** The company faced disallowances during tax assessment for AY 2013-14 and AY 2014-15, leading to significant tax demands.

**Company's Response/Mitigation:** Deepak Fertilisers filed appeals against these disallowances.

**Possible Impact:** The appeals being allowed means a substantial drop in the demand raised. The tax demand for AY 2013-14 of Rs. 20.52 Crore and for AY 2014-15 of Rs. 45.66 Crore will be reduced. This totals a positive impact of Rs. 66.18 Crore for the company, reducing its potential past tax liabilities.

#DFPCL #TaxAppeal #FavorableRuling