Tata Consumer Products Faces Rs 98 Crore Tax Demand for FY23, Cites No Immediate Impact

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Tata Consumer Products faces Rs 98 Cr tax demand for FY23; plans appeal, no immediate impact

Tata Consumer consolidated EBITDA for the quarter rose 7% to Rs 675 crore.

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Storyboard•14-03-2026, 17:35

Tata Consumer Products faces Rs 98 Cr tax demand for FY23; plans appeal, no immediate impact

•Tata Consumer Products received an income tax demand of Rs 98.03 crore, including interest, for FY23.
•The assessment order was issued by the Assistant Commissioner of Income Tax, Circle-4(1), Kolkata.
•The demand stems from additions and disallowances made to the company's reported income for the financial year 2022-23.
•The company disagrees with the assessment and intends to challenge the order through the appellate process.
•Tata Consumer Products clarified that the demand is not expected to have any immediate impact on its financial position or operations.

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