Key Quantitative Figures
- Transfer pricing additions deleted: ₹17,11,13,551 (₹17.11 crores)
- Corresponding tax demand deleted: ₹4.38 crores
Dates of Action
- Order pronounced: May 26, 2026
- Order signed: June 03, 2026
- Order received by company: June 11, 2026
- Original assessment order date: October 29, 2024
- Assessment Year: 2021-22
Parties Involved
- Authority: Income Tax Appellate Tribunal, Ahmedabad
- Assessment Unit: Income Tax Department
Financial Impact
The ITAT order results in positive financial impact through:
- Deletion of transfer pricing additions amounting to ₹17.11 crores
- Elimination of corresponding tax demand of ₹4.38 crores
The impact is quantifiable in monetary terms as disclosed in Annexure A.
Previous Communication Reference
The disclosure references an earlier communication with identifier: 3c2277d6-8b73-4d1e-a21a-c2702863001b.pdf
Annexure A Details
| Particulars | Disclosure |
| Name of the authority | Income Tax Appellate Tribunal, Ahmedabad |
| Nature and details of action | ITAT allowed company's appeal and deleted transfer pricing additions of ₹17,11,13,551 made by Assessment Unit for AY 2021-22, eliminating corresponding tax demand of ₹4.38 crores |
| Date of receipt of order | Order pronounced May 26, 2026, signed June 03, 2026, received by company June 11, 2026 |
| Details of violations | N.A. |
| Financial impact | Positive Impact: Deletion of ₹17.11 crores transfer pricing additions and ₹4.38 crores tax demand |