Hindustan Unilever Limited has received an income tax assessment order for FY 2021–22, along with a demand notice of INR 1,559.69 crore. The company stated that the order has no material financial or operational impact and plans to file an appeal within the prescribed timeline.
Hindustan Unilever Limited has formally disclosed the receipt of an income tax assessment order issued by the Assistant Commissioner of Income-Tax, Central Circle 5(2), Mumbai. The communication was received on 7 January 2026 and relates to the assessment year 2022–23.
The order has been passed under Section 143(3) read with Section 144C(13) of the Income Tax Act, 1961, and is accompanied by a notice of demand amounting to INR 1,559.69 crore under Section 156 of the Act.
Key Highlights
-
Assessment order pertains to FY 2021–22 (AY 2022–23)
-
Tax adjustments include transfer pricing-related disallowances on payments to related parties and corporate tax adjustments linked to depreciation claims
-
Nature of adjustments is similar to those made in the previous financial year
-
Company has clarified that the order does not have any material impact on its financial position, operations, or business activities
-
No penalties, sanctions, or non-compliance issues have been reported in the order
Hindustan Unilever has confirmed that it will file an appeal with the appropriate appellate authority within the permissible timeline, in line with its established legal and compliance processes.
Sources: Hindustan Unilever Limited Regulatory Disclosure
Stock Exchange Filings