FilingReader Intelligence
CG Power faces Rs 468 crore tax demand
July 26, 2025 at 09:09 AM UTC•By FilingReader AI
CG Power and Industrial Solutions Limited announced it has received final assessment orders for Assessment Year 2021-22, resulting in a tax demand of Rs 4,67,75,96,840. This demand stems from various disallowances and additions made in the assessment order.
The company plans to file an appeal against these orders, believing it has a fair chance of succeeding based on substantial jurisprudence, rulings, and legal opinions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
BSE:CGPOWER•Bombay Stock Exchange
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