Span Divergent Legal & Regulatory
Span Divergent received a partly favourable CIT(Appeals) order for AY 2018-19 deleting a ₹1,57,500 Section 69C addition. The order is a tax matter with no business impact stated.
- Value
- ₹0.02 Cr
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Span Divergent received a partly favourable CIT(Appeals) order for AY 2018-19 deleting a ₹1,57,500 Section 69C addition. The order is a tax matter with no business impact stated.
Span Divergent received a CIT(Appeals) order dated November 4, 2026, partly allowing its appeal for AY 2017-18. The ₹1,50,000 addition under Section 69C was deleted, and the company says there is no impact on operations.
Span Divergent's tax appeal was partly allowed, quashing the AY 2016-17 assessment order. Disallowances of ₹64.15 lakh were quashed; the tax demand impact will follow.
Span Divergent Ltd received an adverse arbitration award of ₹2.46 Crore. The company plans to challenge the award, pending legal proceedings.