Allied Blenders and Distillers Ltd
📉 Allied Blenders & Distillers Subsidiary Sees ₹161.6 Crore Tax Liability Reduced to Zero
- ABD Dwellings Private Limited, a wholly owned subsidiary of Allied Blenders and Distillers Limited, received an order dated April 22, 2026.
- The Commissioner of Income-tax (Appeals) reduced the entire income-tax liability from ₹16,16,16,000 to zero.
- The update is specific to tax litigation and does not involve Key Management Personnel, Promoter, or Ultimate Person in Control.