Cummins India: ITAT order delivers ₹210.29 crore tax-relief for FY2017-18

reported a favourable ruling from the Income Tax Appellate Tribunal (ITAT) related to an ongoing dispute with the Income Tax Department for FY2017-18. The company said the ITAT has granted relief on tax adjustments aggregating to ₹210.29 crore, reducing the potential tax exposure from the matter. ​ As part of the same order dated December 4, 2025, the tribunal directed ₹13.11 crore to be sent back to the Assessing Officer for revalidation, while sustaining a disallowance of ₹0.48 crore. Cummins India indicated it is assessing the next steps regarding the residual disallowance and is still evaluating the overall impact of the order. ​ The company noted that the exchange disclosure was made using a copy of the order downloaded from the official ITAT website, as a physically signed copy has not yet been received. Following the update, Cummins India shares closed at ₹4,402.30 on the BSE, up ₹16.90 (0.39%) on December 19, 2025. ​ Disclaimer: This post is for informational purposes only and not a recommendation to buy or sell any securities. I, or my family, associates, or relatives, may have a financial interest in the securities mentioned.