Centum Electronics Limited expects ₹45.73 million tax demand reduction post-Appellate Order
Centum Electronics Limited received an Appellate Order reducing its Income Tax demand for AY 2017-18. The company expects a reduction of ₹45.73 million from the initial demand of ₹46.44 million. The order was passed by the Commissioner of Income Tax (Appeals).
A reduction in tax demand directly impacts the company's financial obligations and profitability, making it a medium-impact event.
The company expects a significant reduction in its tax demand, which is a positive financial outcome.
Centum Electronics Limited has received an Appellate Order under Section 250 of the Income Tax Act, 1961, from the Commissioner of Income Tax (Appeals). This order, received on January 16, 2026, relates to an Income Tax demand of ₹46.44 million for Assessment Year (AY) 2017-18, which was initially raised by the Assessing Officer.
The company had previously filed an appeal against this demand. The Appellate Order has now disposed of the appeal and partially allowed it, leading to an expected reduction in the demand by ₹45.73 million. The order giving effect to the Commissioner of Income Tax (Appeals) decision is still awaited.
Centum Electronics Limited will be filing an application with the Assessing Officer to implement the order received. There were no aberrations, non-compliances, penalties, or restrictions identified by the authority in this communication.
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Centum Electronics Limited filed this with the NSE as a statutory disclosure, categorised under litigation updates. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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