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Tata Consumer's Rs 269 Crore Tax Demand Withdrawn Following Rectification Order

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Tata Consumer: Rs 269 Crore Tax Demand Withdrawn After Rectification Order

After January order, Tata Consumer wins relief on Rs 269 crore tax claim

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Storyboard•24-03-2026, 15:32

Tata Consumer: Rs 269 Crore Tax Demand Withdrawn After Rectification Order

•Tata Consumer Products announced the withdrawal of a Rs 269.29 crore tax demand by the Income Tax Department.
•The initial demand, including interest, was raised by the Centralized Processing Center in Bengaluru for FY 2018-19.
•A rectification order from the Deputy Commissioner of Income Tax, Kolkata, deleted the entire demand and reinstated claims.
•This follows a separate Rs 98.03 crore tax demand disclosed on March 14 for FY2022-23, which the company stated would not impact financials.
•The company reported strong Q3 FY26 results with consolidated net profit up 34% to Rs 402.79 crore and revenue up 15% to Rs 5,112 crore.

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