Maruti Suzuki India Limited informed stock exchanges that it has received a draft assessment order from the Income Tax Authority for the financial year 2022–23. The communication was received on March 16, 2026.
Details of Proposed Additions
According to the filing, the draft order proposes additions and disallowances amounting to Rs 5,786 Crore in relation to the income reported by the company in its tax return.
Company’s Response
The company stated that it will file its objections before the Dispute Resolution Panel, which is the next step in the process.
Impact on Business Operations
Maruti Suzuki said that the draft assessment order does not have any impact on its financial position, operations, or other business activities at this stage.
