DIC India Legal & Regulatory
DIC India received a tax order revising its AY 2023-24 transfer pricing adjustment to Rs.3.74 Crore. No penalty was imposed, and the company is evaluating an appeal.
- Value
- ₹3.74 Cr
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DIC India received a tax order revising its AY 2023-24 transfer pricing adjustment to Rs.3.74 Crore. No penalty was imposed, and the company is evaluating an appeal.
DIC India received DRP directions concerning transfer pricing adjustments for FY 2022-23. The final assessment order from the Assessing Officer is currently awaited.
The Additional Commissioner (Appeals) has set aside a ₹0.07 Crore GST demand against DIC India. The final order rules in favour of the company regarding R&D fees.
DIC India Ltd submitted a certificate under SEBI DP Regulation 74(5) confirming dematerialisation of securities for QJune‑2026. The filing is for record‑keeping with exchanges.
DIC India Limited has filed an appeal before the Delhi High Court challenging a District Court order dated April 7, 2026. The original legal proceedings involve a commercial suit for recovery filed against Star Plastics. This update follows a previous disclosure made on April 14, 2026.
DIC India Limited provided an update on its commercial recovery suit against Star Plastics. The District Court directed the company to initiate pre-litigation mediation and disposed of the suit. DIC India intends to challenge this order.
DIC India Limited received a tax demand order for Rs. 0.17 Crore from the Karnataka GST authorities for FY 2017-18. The demand involves alleged ITC mismatches and R&D expense recoveries. The company believes the order is unsustainable and is currently reviewing it for further legal action.
DIC India Limited received a ₹0.03 Crore GST demand order from the Superintendent of GST, Ambattur Division. The demand includes tax and penalty relating to alleged duplicate E-Way Bill generation between FY 2019-20 and FY 2021-22. The company is currently reviewing the order with consultants to determine its next course of action.