Puravankara Ltd received a favourable appellate order from the Commissioner of Income Tax (Appeals) on May 4, 2026.
The order allows tax deductions under Section 80-IB totaling between ₹19.61-39.03 crores previously disallowed.
This results in a reduction of tax liability between ₹6.67-12.67 crores plus corresponding interest.
The intimation is a mandatory regulatory disclosure under SEBI LODR Regulations.