DIC India LimitedDICINDNSE
Tax demand received
As filed · DIC India Limited has informed the Exchange about Action(s) initiated or orders passed pursuant to an application filed by the Income Tax Department, the ITAT, vide its order dated 17 September 2026 (
RegulatoryNotablemateriality 67 out of 100
What happened
FactAction(s) initiated or orders passed pursuant to an application filed by the Income Tax Department, the ITAT, vide its order dated 17 September 2026 (received by the Company on 28 October 2026), recalled and partially rectified its order dated 19 March 2025 for AY 2020-21. the Income Tax Department raising a tax demand for FY 2019-20 (AY 2020-21), and the subsequent appeal.
Why it matters
CapitSignal interpretationA tax demand is a contingent claim on cash: it either becomes a payment, or an appeal that ties up management attention and often a deposit.
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Fact- Whether the company is appealing
- Amount deposited pending appeal
- Whether it is provided for in the accounts
Evidence
How CapitSignal classified this
- Reasoning:
- TAX_DEMAND base 62; +5 quantified amount; matched on body
- Matched on:
- body text (weaker evidence than a subject match)
- Confidence in the event type:
- 50%