Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
As filed · Tata Steel Limited has informed the Exchange about Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
What happened
FactTata Steel Limited received a show cause notice from the Assessing Officer regarding the reassessment of taxable income for the financial year 2019-20, related to a waiver of ₹25,185.51 crore following its acquisition of Bhushan Steel Limited. The income tax return for Bhushan Steel for FY 2018-19 was previously accepted without any demand concerning the waiver. In response, Tata Steel filed a writ petition with the Hon’ble High Court of Bombay to challenge the authority of…
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
Scale
- 18.0% of FY26 revenue
₹25,185.51 Cr stated in the filing against ₹139,720.22 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
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Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
Evidence
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; +5 quantified amount; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%