MRF discloses favorable Income Tax Appellate Tribunal orders for AY 2015-16 and 2016-17, reducing total tax demands of ₹182.08 crore to nil.
The Tribunal allowed the company's appeals on major grounds and remanded remaining matters to the Assessing Officer for fresh verification.
Disclosure is made under SEBI LODR Regulation 30 as a quarterly update on ongoing tax litigations.