New Delhi, March 17 Maruti Suzuki India (MSI) said on Tuesday that it has received a draft assessment order worth Rs 5,786.4 crore from the income tax authority, and the company will challenge the order.
"The company has received a Draft Assessment Order for FY 2022-23, wherein certain additions/disallowances amounting to Rs 57,864 million with respect to returned income have been proposed," the automaker said in a BSE filing.
MSI will file its objections before the dispute resolution panel, it stated.
There is no impact on the company's financial, operational, or other activities due to this order, it added.
Maruti Suzuki shares closed at Rs 12,993.55 per share, up 1.88 per cent on the BSE.