Bajaj Electricals Faces ₹112 Crore Income Tax Demand For AY 2019-20

Received October 30 assessment order dated October 29, 2026 under Section 147 for AY 2019-20 raising Rs112.32 crore demand including interest over expense disallowances without credit for taxes paid or Section 244A interest. Management is evaluating rectification/appeal; says impact limited to demand/penalty with no operational impact.