04 Mar 2026 | 5 Mins Read
Polycab India faces ₹327 crore tax demand for AY25
Flipitmoney
Polycab India Ltd received a ₹327.45 crore income tax demand for the assessment year 2024-25 and initiated rectification proceedings. The demand follows an assessment order with ₹41.87 crore in disallowances and additions. The company believes the demand includes computational errors, and has initiated filing a rectification application and an appeal against the additions.