RR Kabel Limited Receives Income Tax Re-assessment Orders Totaling ₹66.58 Crore
R R Kabel Limited received income-tax re-assessment orders for AY 2018-19, 2019-20, and 2021-22. The total demand raised is ₹66.58 Crores, including ₹42.27 Crores in interest. The company plans to file rectification and appeals, expecting no material financial impact.
While the company states no material impact is expected, a tax demand of ₹66.58 Crores is substantial and could potentially affect financials if the appeals are unsuccessful, hence the medium impact.
The company received tax re-assessment orders with a significant demand, but it believes there are rectifiable errors and intends to appeal. It also states no material financial impact is expected, making the sentiment neutral.
R R Kabel Limited has announced the receipt of Re-assessment Orders from the Office of the Deputy Commissioner of Income Tax for Assessment Years 2018-19, 2019-20, and 2021-22. These orders, received on March 24, 2026, for AY 2018-19 and 2019-20, and March 23, 2026, for AY 2021-22, stem from additions and disallowances of certain expenditures under various sections of the Income Tax Act.
The total income-tax demand raised amounts to ₹66.58 Crores, which includes interest of ₹42.27 Crores. The company believes that the demand raised is higher than the additions made in one of the reassessment orders due to potential computational or clerical errors, which are rectifiable under section 154 of the Act. R R Kabel Limited intends to file a rectification before the jurisdictional Assessing Officer and also plans to file appeals against all the orders.
Despite the demand raised, the company currently does not foresee any material impact on its financials, operations, or other activities arising from these orders. The company has provided detailed information in Form A, enclosed as Annexure-1, in compliance with Regulation 30(13) of the SEBI Listing Regulations.
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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 medium impact: worth reading, rarely worth acting on by itself.
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