01-Sept-2026 22:44:42

KARURVYSYAGeneral news

KARUR VYSYA BANK : INCOME TAX APPELLATE TRIBUNAL SETS ASIDE ORDER

• Bank received a favourable order from The Hon'ble Income Tax Appellate Tribunal setting aside the order passed by the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre. • The order pertains to AY 2022-23 for FY 2021-22. • The bank had received an order from the Commissioner of Income Tax (Appeals), partly allowing its appeal against a demand of ₹40.34 crore. • The tribunal's decision means there is no impact on the bank's financial operations or other activities.

Karur Vysya Bank Limited

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