Aditya Birla Capital announced that the Income Tax Appellate Tribunal (ITAT) has dismissed an appeal by the Income Tax Department regarding an order related to its subsidiary, Aditya Birla Sun Life Insurance Company Limited (ABSLI). The original order, dated July 2, 2025, nullified a demand of ₹2,12,36,24,774. This decision resolves a key tax litigation issue for the company.
Favorable Ruling for Subsidiary
Aditya Birla Capital received a favorable order regarding a tax litigation issue involving its subsidiary, Aditya Birla Sun Life Insurance Company Limited (ABSLI). The Income Tax Appellate Tribunal (ITAT) has dismissed an appeal filed by the Income Tax Department against an earlier order.
Background of the Dispute
The initial issue stemmed from an order by the Deputy Commissioner of Income Tax (AO), which had issued an Order Giving Effect (OGE) dated July 2, 2025. This OGE nullified a demand of ₹2,12,36,24,774.
ITAT Decision
The Income Tax Department then appealed this decision before the Income Tax Appellate Tribunal (ITAT). On December 2, 2025, the ITAT dismissed the department’s appeal, effectively upholding the original order. This decision is a positive outcome for Aditya Birla Capital and its subsidiary.
Source: BSE
