Maruti Suzuki Faces Rs 5,786 Cr Income Tax Order

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Mar 17, 2026 16:12

Maruti Suzuki to challenge Rs 5,786 cr income tax order for FY 2022-23 before dispute resolution panel. Impact on financials minimal.

Maruti Suzuki Faces Rs 5,786 Cr Income Tax Order

Illustration: Dominic Xavier/Rediff.com

New Delhi, Mar 17 (PTI) Maruti Suzuki India (MSI) on Tuesday said it has received a draft assessment order worth Rs 5,786.4 crore from the income tax authority and the company will challenge the order.

"The company has received a Draft Assessment Order for FY 2022 â 23 wherein certain additions / disallowances amounting to Rs 57,864 million with respect to returned income has been proposed," the carmaker said in a BSE filing.

MSI will file its objections before the dispute resolution panel, it stated.

There is no impact on financial, operation or other activities of the company due to this order, it added.

Maruti Suzuki shares settled at Rs 12,993.55 apiece, up 1.88 per cent on BSE.

Source: PTI By Rediff Money Desk, New Delhi

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