Saraswati Sugar Mills Rs. 18.80 Cr Tax Demand

Isgec Heavy Engineering discloses income tax demand of Rs. 18.80 Crore on subsidiary Saraswati Sugar Mills for AY 2024-25.
Order dated March 25, 2026 issued under Section 143(3) read with Section 144B involves disallowance of certain expenditure.
Subsidiary plans to appeal before Commissioner of Income Tax (Appeals) and expects full deletion of the tax demand.