Update on ITAT appeal against the Company Outcome of Appeals
As filed · Deepak Fertilizers And Petrochemicals Corporation Limited has informed the Exchange about update on ITAT appeal against the Company Outcome of Appeals
RegulatoryNotablemateriality 61 out of 100
What happened
FactUpdate on ITAT appeal against the Company Outcome of Appeals. 2018-19, involving disputed taxable income of ₹ 215 Crores wherein the Department had. preferred further appeal before Hon’ble Income-tax Appellate Tribunal, Mumbai.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
Scale
- 10.9% of FY26 revenue
₹215 Cr stated in the filing against ₹1,963.67 Cr revenue (FY26, standalone)
Source: financial_facts · exchange_table
Watch next
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 body
- Matched on:
- body text (weaker evidence than a subject match)
- Confidence in the event type:
- 50%