19:29 IST
BSE
Legal & Regulatory
UltraTech Cement Legal & Regulatory
UltraTech Cement received an Income Tax assessment order for AY 2023-24 with a demand of ₹808.78 Crore. The demand arises from additions/disallowances regarding tax holiday claims, TP adjustments, and ESOP expenses. The company plans to appeal, citing strong legal grounds and favorable prior orders, and expects no material impact on operations.
- Value
- ₹808.8 Cr