Symphony Strikes a Chord: High Court Silences Tax Demand

Symphony Ltd has secured a significant legal victory as the High Court quashed the demand raised by the tax authority. The order overturns the interest demand imposed by the GST Authority of Bihar, affirming the company’s stance. This favorable ruling eliminates a major financial liability and reflects Symphony’s commitment to resolving regulatory disputes through judicial channels, ensuring clarity for shareholders and stakeholders.

 

Court Decision

Financial Impact

Legal and Regulatory Clarity

Sources: NSE India, Symphony Ltd Official Release