Remsons Industries Limited — Important, 26-02-2026: Disclosure of material issue
26-02-2026 | 06:08 pm
26-02-2026 | 06:08 pm
Remsons Industries (#REMSONSIND) faces a tax setback! 📉 Income Tax Appeals has dismissed their appeal, upholding a disallowance of ₹4.91 Cr in certain expenses for Assessment Year 2021-22.
**Issue:** The Commissioner of Income Tax Appeals, NFAC, Delhi, has upheld the disallowance of ₹4.91 Cr in expenses previously appealed by the company.
**Possible Impact:** The company states there is "no material impact on the Company's financials, operations or other activities." However, investors should note the confirmed disallowance amount.
**Company’s Response:** Remsons Industries is evaluating the order and plans to appeal to the Income Tax Appellate Tribunal, Mumbai, within the stipulated timeframe. #TaxIssue #InvestorUpdate
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