NSE/BSE Codes: NSE: KALPATARU, BSE: 544423

Summary of Key Information:

Nature of Event / Disclosure:

Regulatory disclosure regarding appeals filed by the Deputy Commissioner of Income Tax (DCIT) with the Income Tax Appellate Tribunal against Agile Real Estate Pvt Ltd, a subsidiary of Kalpataru Limited.

Involved Parties / Authorities:

  • Deputy Commissioner of Income Tax (DCIT) - Appellant
  • Commissioner of Income Tax (Appeals) [CIT(A)] - Authority that issued previous orders
  • Income Tax Appellate Tribunal - Forum where appeals are filed
  • Agile Real Estate Pvt Ltd - Subsidiary company and respondent

Date / Timeline of Event:

  • Previous CIT(A) Orders: Issued for Assessment Years 2019-20, 2020-21, 2021-22, 2022-23 and 2023-24 (as referenced in company's March 25, 2026 letter)
  • Appeal Filing Date: Disclosed as filed by DCIT (exact filing date not specified)
  • Company Receipt Date: June 12, 2026 at 6:00 p.m.
  • Disclosure Date: June 13, 2026

Brief Description of Outcome / Dispute:

The DCIT has filed appeals before the Income Tax Appellate Tribunal challenging the orders passed by CIT(A) for assessment years 2022-23 and 2023-24. These CIT(A) orders had previously substantially reduced the 'additions to income' made by the DCIT during assessment.

Impact of Outcome:

Financial Impact:

No material disclosures in this section. The document does not quantify the financial impact or provide specific amounts related to the income additions, reductions, or potential liabilities.

Operational / Business / Strategic Impact:

No material disclosures in this section. The document does not specify any operational, business, or strategic impacts resulting from these appeals.

Other Implications:

The company states that Agile shall contest the appeals filed by DCIT and is "hopeful of a favorable outcome."

Next Steps / Required Actions:

Agile Real Estate Pvt Ltd will contest the appeals filed by DCIT before the Income Tax Appellate Tribunal.