Redington Limited receives favourable order, quashing ₹230.21 Cr tax demand
Redington Limited received a favourable order from the Commissioner of Income Tax (Appeals) quashing ₹230.21 crore of a ₹233.66 crore tax demand for AY 2020-21. The order was received on March 11, 2026.
A reduction of ₹230.21 crore in tax demand has a material financial impact on the company, although it does not fully eliminate the original demand.
The company received a favourable order from the tax appeals commissioner, significantly reducing a tax demand, which is a positive development.
Redington Limited has received a favourable order from the Commissioner of Income Tax (Appeals), quashing a demand of ₹230.21 crore out of a total demand of ₹233.66 crore raised by the Assessing Officer for the Assessment Year 2020-21. The company had previously informed the stock exchange on September 30, 2023, about the receipt of the assessment order and the demand notice. Redington Limited contested the demand before the appellate authorities and has now secured this partial relief.
The order was received on March 11, 2026, at 9:51 am. The company will update this information on its website. The specific details of the order are enclosed in Annexure A, as required by SEBI regulations.
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Redington 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 medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Redington Limited. Read the original for the full detail.