CG Power discloses receipt of a revisionary income tax order for AY 2022-23, adding a disallowance of ₹21.43 crore.
The company had an original tax demand of ₹188.79 crore, of which ₹4.89 crore was paid under a stay order.
The company is evaluating the new order and plans to file an appeal, believing it has a fair chance of success.