Tata Consumer Products has received an intimation from the Income-tax Department, Bengaluru, regarding a tax demand of ₹269.29 crore (including interest) for the financial year 2018-19. The demand primarily arises from the non-grant of credit for taxes. The company believes the demand is without merit and has already submitted rectification requests. There is no immediate impact on the company’s financials or operations.
Income Tax Intimation Received
Tata Consumer Products has received an intimation dated December 29, 2025, from the Centralized Processing Center, Income-tax Department, Bengaluru, regarding income tax for the financial year 2018-19.
Details of the Demand
The intimation indicates a tax demand of ₹2,69,29,49,860 (₹269.29 crore), inclusive of interest. This demand is primarily attributed to the non-granting of credit for taxes, including advance tax, tax deducted at source, foreign tax credit, and dividend distribution tax.
Company’s Stand and Actions Taken
Tata Consumer Products believes that this demand is infructuous. Rectification requests have been promptly submitted following the receipt of the intimation. The company anticipates that the demand will be deleted upon processing of the rectification application.
Impact Assessment
The company anticipates no immediate impact on its financials, operations, or other activities as a result of this order. Tata Consumer Products is actively pursuing the rectification process to address the assessed demand.
Source: BSE
