Maruti Suzuki receives favorable Income Tax Appellate Tribunal Order for FY10-13
Maruti Suzuki received a favorable Income Tax Appellate Tribunal Order for FY 2010-11 to 2012-13, with major additions/disallowances allowed in its favor, having no financial or operational impact.
The company explicitly stated that there is no impact on financials, operations, or other activities, only on contingent liability, which is a positive resolution of a past issue.
The Income Tax Appellate Tribunal Order was majorly allowed in favor of the company, reducing potential tax liabilities and clarifying past assessments favorably.
Maruti Suzuki India Limited (MARUTI) has received an Income Tax Appellate Tribunal Order on 9th October 2025 from the Income Tax Authority. The order pertains to the Financial Years 2010-11 to 2012-13 and addresses certain additions/disallowances made during the assessment proceedings. The Tribunal has majorly ruled in favor of the Company regarding these additions/disallowances. The original additions made in the respective years were: * ₹10,397 million (₹1,039.7 crore) * ₹23,467 million (₹2,346.7 crore) * ₹30,925 million (₹3,092.5 crore) The company clarified that the tax impact of these additions will not affect its financials but will only impact its contingent liability. Furthermore, there is no impact on the company's financials, operations, or other activities due to this order. The Company will proceed to file an application before the jurisdictional Assessing Officer to give effect to this Order.
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Maruti Suzuki India Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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See the model portfoliosA plain-language summary of a public exchange filing by Maruti Suzuki India Limited. Read the original for the full detail.