Oriental Aromatics Ltd received a Show Cause Notice under Section 148A of the Income Tax Act, 1961 from ACIT, Vadodara, dated 28th March, 2026.
Income allegedly escaping assessment totals ₹136.77 crore for AY 2020-21, of which ₹125.80 crore remains under departmental verification.
Financial impact is undetermined at this stage; the company will file an appropriate response within prescribed timelines.