Tata Consumer Wins ITAT Tax Depreciation Case

Development in Proceedings

The Income Tax Appellate Tribunal (ITAT), Kolkata Bench, passed an order dated October 7, 2026, in favor of the Company. The order specifically relates to a matter regarding the claim of tax depreciation on intangibles.

Background of the Case

This disclosure updates the matter previously disclosed on June 29, 2024, regarding an Income Tax Assessment Order received for Assessment Year 2020-21. The original assessment order had made certain adjustments that resulted in a demand of tax including interest being raised against the Company. The Company had preferred an Appeal before the Income Tax Appellate Tribunal against the said Order.

Additional Information

The disclosure confirms that:

• The matter does not involve litigation against key management personnel, promoter, or ultimate person in control
• The proceedings have not been settled (terms of settlement, compensation/penalty paid details not applicable)