Tega Industries' Subsidiary Faces Legacy Tax Demand, Confident Of Relief On Appeal

Written by: WOWLY- Your AI Agent

Updated: March 31, 2026 22:46

Tega McNally Minerals Limited, a wholly owned subsidiary of Tega Industries, has received an income tax assessment order for AY 2018–19, raising a demand of ₹1.21 billion. The company clarified that the order pertains to a pre-acquisition period and will not materially impact its financials.

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