MARUTI SUZUKI INDIA LIMITED has received a Penalty Order from Income Tax Authority for FY 2009-10 levying a penalty of Rs 6.71 crore under section 271(1)(c) of the Income Tax Act, 1961.
The Penalty Order was received on 29th June 2026, creating minimal impact on financial, operations or other activities. There is no major impact on financial, operation or other activities of the Company due to this Penalty Order.
The company will file an appeal against the Penalty Order through appropriate legal channels. The Penalty Order relates to proceedings from a decade ago, specific to FY 2009-10. This follows standard corporate procedure for challenging tax assessments.
MARUTI SUZUKI INDIA LIMITED formally notified the exchange about this penalty action as required under SEBI Listing Regulations. The announcement confirms no major operational or financial disruption from this penalty. The company maintains its compliance obligations while appealing the tax assessment.
The Penalty Order levying Rs 6.71 crore was issued in relation to certain additions/disallowances made in the tax proceedings. All required disclosures have been made as per Regulation 30 of SEBI Listing Regulations.
Disclaimer: Shareholders and investors should consult the annexure for complete details regarding the Penalty Order received by MARUTI SUZUKI INDIA LIMITED under Income Tax Act section 271(1)(c) for FY 2009-10.
Disclaimer: This article is based on company filings submitted to the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) and is for informational purposes only. It does not constitute investment advice or a recommendation. Investors should conduct their own research and consult a qualified financial advisor before making investment decisions.