LG Electronics India (LGEINDIA) — Announcement

📢 Key Event
ITAT fully deletes ₹1,305 crores tax additions for LG Electronics India

🔄 What Changed
All tax additions deleted, removing liability

💡 Investor Takeaway
Shareholders gain relief from tax liabilities and potential penalties.

LG Electronics India received an Income Tax Appellate Tribunal order that fully deletes transfer pricing and corporate tax additions of approximately ₹1,305 crores for FYs 2014-15 to 2021-22, removing all tax demands and eliminating the risk of further penalties, which is a material positive development for shareholders.

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About LG Electronics India Limited (LGEINDIA)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹1,07,232.46 Cr

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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