ZF Steering Gear Tax Appeal Disallowed, No Financial Impact

CIT(A)-28, Delhi disallowed ZF Steering Gear's 80-IA/80-IB deduction claims for AY 1995–96 to AY 2004–05 vide orders dated 27.03.2026.
No additional financial impact arises as the company had already paid the full tax demand prior to filing appeals.
The company plans to file rectification applications or further appeals before higher appellate authorities based on legal advice.