RR Kabel Receives ₹9.01 Cr Income Tax Demand

R R Kabel Limited received a re-assessment order for AY 2022-23 from the Deputy Commissioner of Income Tax, Central Circle-1, Vadodara.
Income-tax demand of ₹9.01 crores (including interest of ₹0.89 crores) raised on account of additions and disallowances under the IT Act.
Company intends to appeal the order and does not expect any material financial or operational impact.