MUKKA PROTEINS : APPELLATE ORDER RECEIVED ON TAX LITIGATION

• Received an Appellate Order from the Office of the Commissioner of Income Tax (Appeals)-2, Panaji. • The appeal was filed against the assessment order passed under the Income Tax Act, 1961 for Assessment Year 2018-19. • The order pertains to additions towards alleged excess stock and prior period income. • Commissioner of Income Tax (Appeals) partly allowed the appeal by deleting certain additions. • Addition relating to alleged excess stock of ₹7,54,55,608 has been sustained. • The company is evaluating the appellate order and considering appropriate legal remedies. Impact: Neutral (Procedural update on tax litigation with no immediate financial impact stated)

Mukka Proteins Limited

Open attachment

← Back to feed