FilingReader Intelligence
CG Power secures stay on INR 4.7bn tax demand
August 23, 2025 at 09:49 AM UTC•By FilingReader AI
CG Power and Industrial Solutions received a stay order on a tax demand of INR 4,67,75,96,840 for Assessment Year 2021-22, following an appeal to the Income Tax Appellate Tribunal.
The stay requires five installment payments totaling INR 42,00,00,000 between August and December 2025, with the remaining 20% due by January 25, 2026.
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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