Shemaroo Entertainment Ltd

📜 Shemaroo Entertainment Receives Bombay High Court Order Regarding Tax Case

- Bombay High Court order dated April 17, 2026 refers legal questions from writ proceedings to a Larger Bench

- All interim orders remain in effect, including protection from enforcement actions

- Case involves alleged inadmissible Input Tax Credit (ITC) of ₹70.26 crores plus interest and penalty

- Additional penalty of ₹63.35 crores alleged under CGST and IGST Act sections

- No coercive action can be taken against Shemaroo pending the Larger Bench's decision