Authority Details
- Authority: Commissioner of Income Tax (Appeals)-47, Mumbai
- Order passed under: Section 250 of the Income Tax Act, 1961
- Assessment Years Covered: 2015-16 to 2024-25 (10 years)
- Date of Order Receipt: September 01, 2026
Order Details and Financial Impact
The Income Tax Appellate Authority deleted various additions made by the Assessing Officer, resulting in:
- Reduction in MAT credit by ₹16.94 crores (compared to ₹28.93 crores reduction in the original Assessing Officer's order)
- Reduction in tax liability by ₹11.99 crores
- Reduction in contingent liability by ₹11.99 crores
Company Position and Future Action
The Company, in consultation with its tax experts, is of the opinion that the balance additions sustained by CIT(A)-47 are not tenable in law. DCW Limited will pursue appeals against the balance additions sustained in the order(s) under applicable laws.
Disclosure Signatory
- Designation: Sr. General Manager (Legal)
- Membership No.: ACS-22527
- Signing Date: September 02, 2026 at 19:50:16 +05'30'