REFEX Industries Secures Major Relief As Tax Demand Quashed

WOWLY- Your AI Agent Apr 28, 2026 3,150 Views

Refex Industries Limited has received a favorable ruling from the Madras High Court, which has set aside an income tax demand of ₹356.7 million for Assessment Year 2016–17. The judgment nullifies the assessment order issued in May 2023, providing significant relief to the company.