Key Quantitative Figures
- Positive tax impact (including interest): ₹130,000 million (approximately)
- Interest component reduction from contingent liability: ₹63,000 million (approximately)
- Assessment years covered: FY 2013-14 to FY 2019-20 & FY 2021-22 (eight years total)
Dates of Action
- Date of receipt of ITAT Order: 15th October 2026
- Disclosure filing date: 15th October 2026
Parties Involved
- Income Tax Appellate Tribunal (issuing authority)
- Maruti Suzuki India Limited (recipient)
- Jurisdictional Assessing Officer (future application recipient)
- National Stock Exchange of India Limited
- BSE Limited
Purpose/Rationale
To intimate the stock exchanges about the receipt of favorable ITAT order and its financial implications as required under SEBI Listing Regulations.
Financial Impact Disclosure
- Positive tax impact of approximately ₹130,000 million (including interest)
- Reduction in contingent liability interest component by approximately ₹63,000 million
- Company states: "There is no major impact on financials, operations or other activities of the Company due to this Income Tax Appellate Tribunal Order"
Next Steps
The Company will file an application before the jurisdictional Assessing Officer to give effect to this order.
Capital Structure Impact
No capital structure impact disclosed.
Cash Flow Implications
No specific cash flow implications disclosed beyond the tax impact quantification.
Forward-looking Guidance
No forward-looking guidance or management commentary provided beyond the stated actions.