20 Nov 2025 | 3 Mins Read

CG Power gets ₹365-crore tax bill, to contest in court

Flipitmoney

CG Power and Industrial Solutions Ltd received a ₹365.37 crore tax demand for assessment year 2018-19. The order, issued by the Income Tax Department, includes various additions and disallowances. The company will appeal the decision, citing substantial jurisprudence, and expects to succeed in deleting the additions and disallowances.