Honda India Power Products Receives ₹29.82 Crore Income-Tax Demand

Received Income Tax assessment order for AY2023-24 on Sep 9, 2026 raising Rs29.82 crore demand including interest over disallowed expenses. Company says no material impact, cites favourable higher-court rulings on similar issues, will appeal to ITAT. Context: adds to long-running tax disputes under appeal.