Tata Capital Ltd

📄 Tata Capital Responds to ₹413 Crore Tax Demand

• Income Tax Order issued March 20, 2026, for FY 2017-18

• Total demand raised: ₹413.18 crores

• Includes ₹202.72 crores in interest and ₹209.52 crores in tax disallowances

• Demand pertains to Tata Capital Financial Services Limited (merged with Tata Capital Limited April 1, 2023)

• Company states demand is erroneous due to incorrect computation

• Plans to file rectification application or appeal

• Expects favorable outcome with no material financial impact