Power solutions major Cummins India Ltd on Friday (December 19) announced that the Income Tax Appellate Tribunal (ITAT) has passed a favourable order for the financial year 2017–18, granting tax relief amounting to ₹210.29 crore.
According to the company, the ITAT, in its order dated December 4, 2025, directed ₹13.11 crore of the disputed amount back to the Assessing Officer for revalidation, while upholding a disallowance of ₹0.48 crore. Cummins India said it is currently reviewing the order and evaluating possible next steps with respect to the disallowed amount.
The case relates to long-pending litigation with the Income Tax Department and had earlier been disclosed to stock exchanges in August 2023 and December 2023.
Cummins India clarified that the disclosure is based on a copy of the ITAT order downloaded from the tribunal’s official website, as the physically signed order is yet to be received. The company added that its internal teams are analysing the financial and accounting implications of the ruling.
Following the announcement, shares of Cummins India Ltd closed at ₹4,402.30 on the BSE, rising ₹16.90 or 0.39%