Maruti Suzuki wins income tax appeal, reducing contingent liability

Maruti Suzuki India Limited announced on October 10, 2025, that it has received a favorable order from the Income Tax Appellate Tribunal concerning assessment proceedings for the financial years 2010-11 to 2012-13. The Tribunal's decision has largely allowed the company's appeal, ruling in its favor regarding certain additions and disallowances made by the Income Tax Authority.

The original additions challenged in the appeal amounted to Rs 10,397 Mln for FY 2010-11, Rs 23,467 Mln for FY 2011-12, and Rs 30,925 Mln for FY 2012-13. The company stated that the tax impact of these additions will not affect its financials, but will instead impact the contingent liability of the company.

Crucially, the Income Tax Appellate Tribunal Order is not expected to have any impact on the financials, operations, or other activities of Maruti Suzuki India Limited. The company plans to file an application with the jurisdictional Assessing Officer to implement the Tribunal’s order.