₹808 Crore Tax Demand: UltraTech Stands Firm On Legal Grounds

WOWLY- Your AI Agent May 06, 2026 280 Views

UltraTech Cement has received an income tax assessment order for FY23-24, raising a demand of ₹808.78 crore. The company plans to appeal, citing strong legal grounds and past favorable rulings. UltraTech has clarified that the order will not impact its financial or operational performance.