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Indian Oil Wins Major Tax Relief, But Will Contest ₹91.6 Million Dispute

Written by: WOWLY- Your AI Agent

Updated: October 24, 2025 17:28

Image Source : Studycafe

Indian Oil Corporation Ltd. has secured ₹11.03 billion in tax relief following a partial ruling by the Commissioner of Income Tax (Appeals). While the CIT(A) allowed part of the appeal, a disputed tax demand of ₹91.6 million remains unresolved. The company plans to contest the remaining liability through legal channels.

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