Jubilant FoodWorks has received a rectification order from the Income Tax Department, reducing the tax demand from ₹216.19 crore to ₹190.21 crore. The company continues to dispute the remaining demand and has filed an appeal. Jubilant FoodWorks believes the demand will be deleted following the redressal process. No material financial implications are expected.
Rectification Order Received
Jubilant FoodWorks announced on December 5, 2025, that it has received a rectification order from the Income Tax Department. This order relates to a previous tax demand, which has now been partially reduced.
Revised Tax Demand
Following the rectification, the tax demand has been reduced from ₹216.19 crore to ₹190.21 crore. While this provides some relief, Jubilant FoodWorks is still contesting the validity of the demand. The company maintains that the original tax demand was raised without proper consideration of their arguments.
Company’s Response and Outlook
Jubilant FoodWorks has already filed an appeal against the tax demand. The company anticipates that the demand will likely be deleted after the appeals process. The company does not expect any material financial implications.
Source: BSE
