Maruti Suzuki India Limited has received a favorable order from the Income Tax Appellate Tribunal regarding assessments for the financial years 2010-11 to 2012-13. The tribunal’s order largely allows claims made by the company, reducing potential disallowances. The order will impact the company’s contingent liabilities but will not impact the company’s financials. The company will now file an application to give effect to this order.
Favorable Tribunal Ruling
Maruti Suzuki India Limited has been notified of an order from the Income Tax Appellate Tribunal pertaining to the financial years 2010-11 to 2012-13. The order addresses certain additions and disallowances initially made during assessment proceedings.
Impact on Contingent Liabilities
The Tribunal’s order largely favors Maruti Suzuki. Original additions totaled Rs 10,397 Mln, Rs 23,467 Mln, and Rs 30,925 Mln for the respective years. This ruling is expected to influence the company’s contingent liabilities. This order will not impact the company’s financials.
Next Steps
Maruti Suzuki will now formally file an application with the relevant Assessing Officer to implement the Tribunal’s directives. The date of receipt of the order was October 9th, 2025.
Source: BSE
