The company has received a Transfer Pricing Order from the Income Tax Authority for the Assessment Year 2021-22.
They have received a Transfer Pricing Order from the Income Tax Authority for the Assessment Year 2021-22. This order pertains to international transactions and disallows certain aspects, with an associated income tax liability of INR 170 Crores. The company has stated that this order has no quantifiable impact on its financial, operational, or other activities, and they are awaiting the completion of Draft Assessment proceedings before making an application to the Dispute Resolution Panel.