Supreme Court Dismisses Tax Appeal Against Kanoria Chemicals & Industries
Published on: Jan. 30, 2026, 10:59 p.m. | Source: scanx.trade
Supreme Court dismissed CIT-IV Kolkata's tax appeal against Kanoria Chemicals & Industries on January 28, 2026, citing precedent from the Jindal Steel case decided in December 2023. The Additional Solicitor General acknowledged the issue was already resolved by the coordinate bench ruling against revenue department. The company disclosed this favorable outcome to exchanges under SEBI regulations on January 30, 2026, concluding the legal matter that originated in 2015.
