Jubilant FoodWorks has received a favorable order from the Income Tax Appellate Tribunal regarding its Financial Year 2020-21 assessment. The tribunal has ruled that the assessment order, in this case, is void ab initio on the grounds of being time-barred. This decision is subject to potential further appeals by the other party. The company website has more details under Investor Relations.
Favorable Order Received
Jubilant FoodWorks has announced it has received a favorable order from the Income Tax Appellate Tribunal. This order pertains to the company’s financial results for the year 2020-21. The information was disseminated on the company’s website on February 5, 2026, at 01:56 PM (IST).
Order Details
The Income Tax Appellate Tribunal has determined that the assessment order is void ab initio because it was time-barred. The announcement specifies that the order is subject to further appellate remedy available with the other party. This means the decision could potentially be appealed. Previously, the tax demand was reduced from Rs.216.19 Crores to Rs.190.21 Crores.
Source: BSE
