Tata Consumer Products Receives ₹2.7 billion Income-tax Demand for 2018-19, seeks Rectification

Tata Consumer Products said it has received an income-tax intimation raising a tax demand of ₹2.7 billion including interest, for the financial year 2018-19, and has moved to get the demand rectified.

The company said the intimation under Section 143(1) of the Income-tax Act, 1961, was issued by the Centralised Processing Centre of the Income-tax Department on December 29, 2025, and received by the company on January 05, 2026.

According to Tata Consumer Products, the demand has arisen largely due to the non-grant of credit for taxes already paid, including advance tax, tax deducted at source, foreign tax credit and dividend distribution tax, following the filing of a modified income-tax return for 2018-19.

The company said it believes the demand is infructuous and not maintainable. Rectification requests have been submitted immediately, and it expects the demand to be deleted once the rectification application is processed.

Tata Consumer Products added that there is no immediate impact on its financials, operations or other business activities on account of the income-tax intimation.