CG Power receives ₹467.76 crore tax demand for AY 2021-22, plans to appeal
The tax demand of ₹467.76 crore represents a very high financial implication for the company, even with an appeal planned, as it involves significant financial risk and legal proceedings.
The company has received a substantial tax demand of over ₹467 crore, which is an immediate negative financial event, despite the company's plans to appeal.
CG Power and Industrial Solutions Limited has received a final assessment order for Assessment Year 2021-22 from the Income Tax Department, Ministry of Finance, on 25th July, 2025. This order includes various disallowances and additions, resulting in a significant tax demand of ₹4,67,75,96,840 (approximately ₹467.76 crore). The company intends to file appeals against these additions and disallowances. CG Power believes it has a fair chance of succeeding in the appeal, based on substantial jurisprudence, rulings, and legal opinions, expecting the disallowances/additions to be deleted.
What to do with a filing like this
CG Power and Industrial Solutions Limited filed this with the NSE as a statutory disclosure, categorised under legal. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by CG Power and Industrial Solutions Limited. Read the original for the full detail.