R R Kabel Receives Income Tax Re-assessment Orders for AY 2015-16 & 2016-17
R R Kabel Limited received re-assessment orders from the Income Tax Department for AY 2015-16 and 2016-17. The total demand raised is ₹ 5.44 Crores, including ₹ 4.27 Crores in interest. The company plans to appeal and does not foresee a material financial impact.
The company has explicitly stated that it does not expect any material impact on its financials, operations, or other activities due to the received orders, despite the tax demand.
The company received re-assessment orders from the Income Tax Department, which could be perceived negatively. However, the company intends to appeal and states there will be no material impact, leading to a neutral sentiment.
R R Kabel Limited has received Re-assessment Orders from the Office of the Deputy Commissioner of Income Tax for the Assessment Years 2015-16 and 2016-17. These orders, received on 27 March 2026 and 28 March 2026 respectively, relate to income-tax demands raised under Section 143(3) read with Section 147 of the Income Tax Act. The demands arise from additions and disallowances of certain expenditures, aggregating to ₹ 5.44 Crores for both assessment years, which includes an interest component of ₹ 4.27 Crores. The company has stated that it intends to file an appeal against these orders and does not expect any material impact on its financials, operations, or other activities due to these orders. The communication from the IT Department identified disallowance of certain expenditures and additions under various sections of the Act, but no penalties or sanctions were imposed.
The company has provided this information in compliance with Regulation 30(13) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The details of the communication and the company's intended actions are enclosed as Annexure-1 and Annexure-2 to the letter.
This intimation will also be uploaded to the Company’s website at www.rrkabel.com.
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R R Kabel 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 R R Kabel Limited. Read the original for the full detail.