Integrated Filing-Governance



General information about company

Scrip Code 506197
NSE Symbol BLISSGVS
MSEI Symbol NOTLISTED
ISIN INE416D01022
Name of the entity BLISS GVS PHARMA LIMITED
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Reporting Quarter Yearly
Date of Quarter Ending 31-Mar-2026
Type of company Equity
Whether Annexure I (Part A) of the SEBI Circular dated December 31, 2024 related to Compliance Report on Corporate Governance is applicable to the entity? Yes
Whether Annexure I (Part B) of the SEBI Circular dated December 31, 2024 related to Investor Grievance Redressal Report is Applicable to the entity? Yes
Whether Annexure I (Part C) of the SEBI Circular dated December 31, 2024 related to Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies is Applicable to the entity? No
Reason For Part C Of Annexure I Disclosure Of Acquisition Of Shares OrVotingRightsInUnlistedCompaniesIsNotApplicableToTheEntity Not Applicable for this Quarter
Whether Annexure I (Part D) of the SEBI Circular dated December 31, 2024 related to Disclosure of Imposition of Fine or Penalty is Applicable to the entity? Yes
Whether Annexure I (Part E) of the SEBI Circular dated December 31, 2024 related to Disclosure of Updates to Ongoing Tax Litigations or Disputes is Applicable to the entity? Yes
Whether Annexure I (Part F) of the SEBI Circular dated December 31, 2024 related to Disclosure Of Loans / Guarantees / Comfort Letters / Securities Etc. is Applicable to the entity? Yes
Risk management committee Yes
Market Capitalisation as per immediate previous Financial Year Top 2000 listed entities
Is SCORE ID Available ? Yes
SCORE Registration ID b00193
Reason For No SCORE ID
Type of Submission New
Remarks (website dissemination)



Annexure I
Annexure I to be submitted by listed entity on quarterly basis
I. Composition of Board of Directors
Disclosure of notes on composition of board of directors explanatory
Whether the listed entity has a Regular Chairperson Yes
Whether Chairperson is related to MD or CEO No Disqualification of Directors under section 164 of the Companies Act, 2013
Sr Title (Mr / Ms) Name of the Director PAN DIN Category 1 of directors Category 2 of directors Category 3 of directors Date of Birth Whether the director is disqualified? Start Date of disqualification End Date of disqualification Details of disqualification Current status Whether special resolution passed? [Refer Reg. 17(1A) of Listing Regulations] Date of passing special resolution Initial Date of appointment Date of Re-appointment Date of cessation Tenure of director (in months) No of Directorship in listed entities including this listed entity (Refer Regulation 17A of Listing Regulations) No of Independent Directorship in listed entities including this listed entity [with reference to proviso to regulation 17A(1) & 17A(2)] Number of memberships in Audit/ Stakeholder Committee(s) including this listed entity (Refer Regulation 26(1) of Listing Regulations) No of post of Chairperson in Audit/ Stakeholder Committee held in listed entities including this listed entity (Refer Regulation 26(1) of Listing Regulations) Reason for Cessation Notes for not providing PAN Notes for not providing DIN
1 Mr. Nandkumar Kashinath Chodankar 02736718 Non-Executive - Independent Director Chairperson 28-May-1949 No Active Yes 25-Jul-2024 22-Jun-2024 22-Jun-2024 21.09 1 1 2 1
2 Mr. Santosh Laxman Parab 01622988 Non-Executive - Independent Director Not Applicable 19-Aug-1970 No Active NA 24-May-2016 26-May-2021 118.08 1 1 1 1
3 Mr. Narsimha Shibroor Kamath 00140593 Executive Director Not Applicable CEO-MD 21-Dec-1953 No Active NA 29-Jan-2026 29-Jan-2026 1 0 2 0
4 Ms. Shilpa Vinodkumar Bhatia 08695595 Non-Executive - Independent Director Not Applicable 29-Mar-1974 No Active NA 11-Feb-2020 11-Feb-2025 73.19 3 3 3 0
5 Mrs. Shruti Vishal Rao 00731501 Executive Director Not Applicable 06-Apr-1985 No Active NA 27-Jul-2006 01-Apr-2025 10-Feb-2026 1 0 1 0 Others
6 Ms. Vibha Gagan Sharman 02307289 Executive Director Not Applicable 08-Jul-1983 No Active NA 29-Jul-2008 27-Jan-2025 10-Feb-2026 1 0 1 0 Others



Annexure 1

II. Composition of Committees
Disclosure of notes on composition of committees explanatory



Audit Committee Details
Whether the Audit Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 01622988 Santosh Laxman Parab Non-Executive - Independent Director Chairperson 16-Jun-2020
2 02736718 Nandkumar Kashinath Chodankar Non-Executive - Independent Director Member 24-Jul-2024
3 08695595 Shilpa Vinodkumar Bhatia Non-Executive - Independent Director Member 16-Jun-2020
4 00140593 Narsimha Shibroor Kamath Executive Director Member 11-Feb-2026



Nomination and remuneration committee
Whether the Nomination and remuneration committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 01622988 Santosh Laxman Parab Non-Executive - Independent Director Chairperson 20-Aug-2020
2 02736718 Nandkumar Kashinath Chodankar Non-Executive - Independent Director Member 24-Jul-2024
3 08695595 Shilpa Vinodkumar Bhatia Non-Executive - Independent Director Member 16-Jun-2020



Stakeholders Relationship Committee
Whether the Stakeholders Relationship Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 02736718 Nandkumar Kashinath Chodankar Non-Executive - Independent Director Chairperson 24-Jul-2024
2 02307289 Vibha Gagan Sharman Executive Director Member 11-Feb-2016 10-Feb-2026
3 00731501 Shruti Vishal Rao Executive Director Member 11-Feb-2016 10-Feb-2026
4 08695595 Shilpa Vinodkumar Bhatia Non-Executive - Independent Director Member 16-Jun-2020
5 00140593 Narsimha Shibroor Kamath Executive Director Member 11-Feb-2026



Risk Management Committee
Whether the Risk Management Committee has a Regular Chairperson Yes
Sr DIN Number Name of Committee members Category 1 of directors Category 2 of directors Date of Appointment Date of Cessation Remarks
1 08695595 Shilpa Vinodkumar Bhatia ID Chairperson 31-Jul-2021
2 00731501 Shruti Vishal Rao ED Member 03-Aug-2022 10-Feb-2026
3 00140593 Narsimha Shibroor Kamath ED Member 11-Feb-2026
4 99999999 Sourya Das Associate Vice President Member 03-Aug-2022 Textual Information(1)
5 99999999 Deepak Sawant CFO Member 11-Feb-2026 Textual Information(2)



Text Block
Textual Information(1) Mr. Sourya Das holds the position of Associate Vice President of the Company; hence, the DIN is not entered.
Textual Information(2) Mr. Deepak Sawant holds the position of Chief Financial Officer of the Company; hence, the DIN is not entered.



Annexure 1
III. Meeting of Board of Directors
Disclosure of notes on meeting of board of directors explanatory The Company conducted its Quarter Board Meeting on February 10, 2026, and also held another Board Meeting on the same date at shorter notice. Since both meetings were held on the same date, the system is showing an error and is not validating the entry when the same date is entered twice. Therefore, the date could not be provided in the sheet.
Sr Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Notes for not providing Date Whether requirement of Quorum met (Yes/No) Total Number of Directors as on date of the meeting Number of Directors present* (All directors including Independent Director) No. of Independent Directors attending the meeting*
1 06-Nov-2025 Yes 5 5 3
2 23-Dec-2025 46 Yes 5 5 3
3 10-Feb-2026 48 Yes 6 6 3
4 The Company conducted its Quarter Board Meeting on February 10, 2026, and also held another Board Meeting on the same date at shorter notice. Since both meetings were held on the same date, the system is showing an error and is not validating the entry when the same date is entered twice. Therefore, the date could not be provided in the sheet. Yes 4 4 3



Annexure 1
IV. Meeting of Committees
Disclosure of notes on meeting of committees explanatory
Sr Name of Committee Date(s) of meeting (Enter dates of Previous quarter and Current quarter in chronological order) Maximum gap between any two consecutive (in number of days) Name of other committee Reson for not providing date Whether requirement of Quorum met (Yes/No) Total Number of Directors in the Committee as on date of the meeting Number of Directors Present (All Directors including Independent Director) No. of Independent Directors attending the meeting* No. of members attending the meeting (other than Board of Directors)
1 Audit Committee 06-Nov-2025 Yes 3 3 3 0
2 Audit Committee 23-Dec-2025 46 Yes 3 3 3 0
3 Audit Committee 10-Feb-2026 48 Yes 3 3 3 0
4 Nomination and remuneration committee 06-Nov-2025 Yes 3 3 3 0
5 Nomination and remuneration committee 23-Dec-2025 46 Yes 3 3 3 0
6 Nomination and remuneration committee 10-Feb-2026 48 Yes 3 3 3 0
7 Risk Management Committee 06-Jan-2026 60 Yes 3 3 1 0



Annexure 1
VI. Affirmations
Sr Subject Compliance status (Yes/No)
1 The composition of Board of Directors is in terms of SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
2 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015 a. Audit Committee Yes
3 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. b. Nomination & remuneration committee Yes
4 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. c. Stakeholders relationship committee Yes
5 The composition of the following committees is in terms of SEBI(Listing obligations and disclosure requirements) Regulations, 2015. d. Risk management committee (applicable to the top 1000 listed entities) Yes
6 The committee members have been made aware of their powers, role and responsibilities as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015. Yes
7 The meetings of the board of directors and the above committees have been conducted in the manner as specified in SEBI (Listing obligations and disclosure requirements) Regulations, 2015 Yes
8 This report and/or the report submitted in the previous quarter has been placed before Board of Directors. Yes
9 Any comments/observations/advice of Board of Directors may be mentioned here:



Annexure 1
Sr Subject Compliance status
1 Name of signatory Narsimha Shibroor Kamath
2 Designation Managing Director



Details of Cyber security incidence
Whether as per Regulation 27(2)(ba) of SEBI (LODR) Regulations, 2015 there has been cyber security incidents or breaches or loss of data or documents during the quarter No
Other details of cyber security incidence or breaches or loss of data event
Number of cyber security incidence or breaches or loss of data event occurred during the quarter
Sr Date of the event Brief details of the event



Annexure II to be submitted by listed entity at the end of the financial year (for the whole of financial year)
I. Disclosure on website in terms of LODR Regulation
Sr Item Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here. Web address
1.1 Details of business Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
1.2 Memorandum of Association and Articles of Association Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
1.3 Brief profile of board of directors including directorship and full time positions in body corporates Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
2 Terms and conditions of appointment of independent directors Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
3 Composition of various committees of board of directors Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
4 Code of conduct of board of directors and senior management personnel Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
5 Details of establishment of vigil mechanism or whistle blower policy Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
6 Criteria of making payments to non-executive directors Yes https://www.blissgvs.com/
7 Policy on dealing with related party transactions Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
8 Policy for determining material subsidiaries Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
9 Details of familiarization programmes imparted to independent directors Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
10 Contact information of the designated officials of the listed entity who are responsible for assisting and handling investor grievances Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
11 Email address for grievance redressal and other relevant details Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
12 Financial results Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
13 Shareholding pattern Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
14 Details of agreements entered into with the media companies and/or their associates NA
15.1 Schedule of analyst or institutional investor meet and presentation prepared by listed entity for analyst or institutional investor meet NA
15.2 Audio or video recordings and transcripts of post earnings/quarterly calls NA
16 New name and the old name of the listed entity NA
17 Advertisements as per regulation 47 (1) Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
18 Credit rating or revision in credit rating obtained Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
19 Separate audited financial statements of each subsidiary of the listed entity Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
20 Secretarial compliance report Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
21 Materiality policy as per regulation 30 (4) Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
22 Disclosure of contact details of KMP who are authorized for the purpose of determining materiality as required under regulation 30(5) Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
23 Disclosures under regulation 30(8) Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
24 Statements of deviation(s) or variations(s) as specified in regulation 32 NA
25 Dividend distribution policy as specified in regulation 43A (1) Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
26.1 Annual return as provided under section 92 of the Companies Act 2013 Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
26.2 Employee benefit scheme documents framed in terms of SEBI (SBEB) regulations 2021
27 Confirmation that the above disclosures are in a separate section as specified in regulation 46(2) Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
28 Compliance with regulation 46(3) with respect to accuracy of disclosures on the website and timely updation Yes https://www.blissgvs.com/disclosures-under-regulation-46-of-sebi-lodr-regulations-2015
29 Disclosure of notes on website in terms of Listing Regulations explanatory


Annexure II
II. Annual Affirmations
Sr Particulars Regulation Number Compliance status (Yes/No/NA) If status is No details of non-compliance may be given here.
1 Independent director(s) have been appointed in terms of specified criteria of independence and/or eligibility 16(1)(b) Yes
2 Board Composition 17(1), 17(1A) & 17(1C), 17(1D) & 17(1E) Yes
3 Meeting Of Board Of Directors 17(2) Yes
4 Quorum of board meeting 17(2A) Yes
5 Review of Compliance Reports 17(3) Yes
6 Plans for orderly succession for appointments 17(4) Yes
7 Code of Conduct 17(5) Yes
8 Fees/compensation 17(6) Yes
9 Minimum Information 17(7) Yes
10 Compliance Certificate 17(8) Yes
11 Risk Assessment & Management 17(9) Yes
12 Performance Evaluation of Independent Directors 17(10) Yes
13 Recommendation of Board 17(11) Yes
14 Maximum number of Directorships 17A Yes
15 Composition of Audit Committee 18(1) Yes
16 Meeting of Audit Committee 18(2) Yes
17 Role of Audit Committee and information to be reviewed by the audit committee 18(3) Yes
18 Composition of nomination & remuneration committee 19(1) & (2) Yes
19 Quorum of Nomination and Remuneration Committee meeting 19(2A) Yes
20 Meeting of Nomination and Remuneration Committee 19(3A) Yes
21 Role of Nomination and Remuneration Committee 19(4) Yes
22 Composition of Stakeholder Relationship Committee 20(1), 20(2) & 20(2A) Yes
23 Meeting of Stakeholders Relationship Committee 20(3A) Yes
24 Role of Stakeholders Relationship Committee 20(4) Yes
25 Composition and role of risk management committee 21(1),(2),(3),(4) Yes
26 Meeting of Risk Management Committee 21(3A) Yes
27 Quorum of Risk Management Committee meeting 21(3B) Yes
28 Gap between the meetings of the Risk Management Committee 21(3C) Yes
29 Vigil Mechanism 22 Yes
30 Policy for related party Transaction 23(1), (1A), (5), (6), & (8) Yes
31 Prior or Omnibus approval of Audit Committee for all related party transactions 23(2), (3) Yes
32 Approval for material related party transactions 23(4) Yes
33 Disclosure of related party transactions on consolidated basis 23(9) Yes
34 Composition of Board of Directors of unlisted material Subsidiary 24(1) NA
35 Other Corporate Governance requirements with respect to subsidiary of listed entity 24(2),(3),(4),(5) & (6) Yes
36 Alternate Director to Independent Director 25(1) NA
37 Maximum Tenure 25(2) Yes
38 Appointment, Re-appointment or removal of an Independent Director through special resolution or the alternate mechanism 25(2A) Yes
39 Meeting of independent directors 25(3) & (4) Yes
40 Familiarization of independent directors 25(7) Yes
41 Declaration from Independent Director 25(8) & (9) Yes
42 Directors and Officers insurance 25(10) Yes
43 Confirmation with respect to appointment of Independent Directors who resigned from the listed entity 25(11) NA
44 Memberships in Committees 26(1) Yes
45 Affirmation with compliance to code of conduct from members of Board of Directors and Senior management personnel 26(3) Yes
46 Policy with respect to Obligations of directors and senior management 26(2) & 26(5) Yes
47 Approval of the Board and shareholders for compensation or profit sharing in connection with dealings in the securities of the listed entity 26(6) NA
48 Vacancies in respect Key Managerial Personnel 26A(1) & 26A(2), 26A(3) Yes
Any other information to be provided - Add Notes



Annexure II
III. Affirmations
Sr Particulars Compliance status (Yes/No/NA)
1 The Listed Entity has approved Material Subsidiary Policy and the Corporate Governance requirements with respect to subsidiary of Listed Entity have been complied Yes
Any other information to be provided



Annexure II
1 Name of signatory Narsimha Shibroor Kamath
2 Designation Managing Director



Additional Half yearly Disclosure
Any Other Information for Disclosure of Loans / Guarantees / Comfort Letters / Securities Etc.
I. Disclosure of Loans/ guarantees/comfort letters /securities etc.refer note below
(A)Any loan or any other form of debt advanced by the listed entity directly or indirectly to
Entity Aggregate amount advanced during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them 0 0
Promoter Group or any other entity controlled by them 0 0
Directors (including relatives) or any other entity controlled by them 0 0
KMPs or any other entity controlled by them 0 0
(B) Any guarantee / comfort letter (by whatever name called) provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed By
Entity Type (guarantee, comfort letter etc.) Aggregate amount of issuance during six months Balance outstanding at the end of six months(taking into account any invocation)
Promoter or any other entity controlled by them NA 0 0
Promoter Group or any other entity controlled by them NA 0 0
Directors (including relatives) or any other entity controlled by them NA 0 0
KMPs or any other entity controlled by them NA 0 0
(C) Any security provided by the listed entity directly or indirectly, in connection with any loan(s) or any other form of debt availed by
Entity Type of security (cash, shares etc.) Aggregate value of security provided during six months Balance outstanding at the end of six months
Promoter or any other entity controlled by them NA 0 0
Promoter Group or any other entity controlled by them NA 0 0
Directors (including relatives) or any other entity controlled by them NA 0 0
KMPs or any other entity controlled by them NA 0 0
(D) Additional Information
II. Affirmations
Affirmations Compliance Status Company Remarks
All loans (or other form of debt), guarantees, comfort letters (by whatever name called) or securities in connection with any loan(s) (or other form of debt) given directly or indirectly by the listed entity to promoter(s), promoter group, director(s) (including their relatives), key managerial personnel (including their relatives) or any entity controlled by them are in the economic interest of the company. Yes
Name Mr. Deepak B. Sawant
Designation Chief Financial Officer
Place Mumbai
Date 30-Apr-2026



Signatory Details
Name of signatory Narsimha Shibroor Kamath
Designation of person Managing Director
Place Mumbai
Date 30-Apr-2026


Investor Grievance Details
No. of investor complaints pending at the beginning of Quarter 0
No. of investor complaints received during the Quarter 2
No. of investor complaints disposed off during the Quarter 1
No. of investor complaints those remaining unresolved at the end of the Quarter 1


Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies-
The details of acquisition of shares or voting rights in unlisted companies during the quarter in terms of sub-para 1 of para A of Part A of Schedule III are given below
Any Other Information for Disclosure of Acquisition of Shares or Voting Rights in Unlisted Companies
Sr. No. Name of the unlisted company in which shares or voting rights have been acquired Date of acquisition Aggregate holding (% shares or voting rights) as at the end of the previous quarter % shares or voting rights acquired during the quarter Aggregate holding (% shares or voting rights) as at the end of the quarter


Disclosure of Imposition of Fine or Penalty
The details of imposition of fine or penalty during the quarter in terms of sub-para 20 of para A of Part A of Schedule III are given below:
Any Other Information for Disclosure of Imposition of Fine or Penalty
Sr. No. Name of the authority Nature and details of the action(s) taken or order(s) passed Date of receipt of direction or order, including any ad interim or interim orders, or any other communication from the authority Details of the violation(s)/ contravention(s) committed or alleged to be committed Impact on financial, operation or other activities of the listed entity, quantifiable in monetary terms to the extent possible
1 Indian Customs Fine imposed of Rs 10,000 /- 21-Jan-2026 Penalty for delayed payment of customs duty. There is no impact on financial, operation or other activities of the Company due to this fine.
2 Employees Provident Fund Organization Penalty imposed of Rs 56 /- 09-Feb-2026 Penalty for delayed payment of Provident Fund There is no impact on financial, operation or other activities of the Company due to this fine.
3 Ministry of Road Transport Highways Penalty imposed of Rs 10,240 /- 27-Feb-2026 Penalty for delayed paymentVehicle Tax There is no impact on financial, operation or other activities of the Company due to this fine.
4 Income Tax Department Assessement Order passed under Income Tax Act, 1961 10-Mar-2026 A penalty levied under section 271(1)(c) of the Income-tax Act, 1961 for filing of inaccurate particulars There is no impact on financial, operation or other activities of the Company due to this fine.


Disclosure of Updates to Ongoing Tax Litigations or Disputes
The updates on tax litigations or disputes in terms of sub-para 8 of para B of Part A of Schedule III read with corresponding provisions of Annexure 18 of the Master Circular are given below:

Any Other Information for Disclosure of Updates to Ongoing Tax Litigations or Disputes
Sr. No. Name of the opposing party Date of initiation of the litigation / dispute Status of the litigation / dispute as per last disclosure Current status of the litigation / dispute
1 Deputy Commissioner of Income Tax 13-Dec-2016 Assessment Year 2014-15: Order giving effect of Appealate order received on 22.09.2025 OGE passed for the AY 2014-15 with certain errors by Ld. Assessing officer. Rectification has been filed vide rectification letter dtd. 27.02.2026
2 Assistant Commissioner of Income Tax, Central Circle 7(1), Mumbai 06-May-2021 Assessment Year 2017-18: Appeal withdrawn by opting for settlement of dispute under DTVSV Scheme 2024 The company has opted for Direct Tax Vivad Se Vishwas Scheme, 2024 for the Assessment Year 2017-18 and filed Form 1 declaration dated 29.01.2025 on eportal. Accepting application of Company, Form 4 has been issued by Hon'able Pr. CIT on 3rd April 2025. We have discharge additional Income tax liability as on 09.06.2025 as a secondary adjustment pursuant to adjustments u/s 92CA(3). Tax Refund is awaited.
3 Assistant Commissioner of Income Tax, Central Circle 7(1), Mumbai 22-Oct-2021 Assessment Year 2018-19: Appeal withdrawn by opting for settlement of dispute under DTVSV Scheme 2024 The company has opted for Direct Tax Vivad Se Vishwas Scheme, 2024 for the Assessment Year 2018-19 and filed Form 1 declaration dated 29.01.2025 on eportal. Accepting application of Company, Form 4 has been issued by Hon'able Pr. CIT on 3rd April 2025. We have discharged additional Income tax liability as on 09.06.2025 as a secondary adjustment pursuant to adjustments u/s 92CA(3). The DTVSV tax refund of Rs. 82,99,760/- due to the company for the AY 2018-19 has been wrongly adjusted against the demand liability of AY 2014-15 vide challan no.42874 dated 31.12.2025. The company has filed a rectification letter on 27.02.2026 to arrive at the correct position of refund for the year under consideration.
4 Assistant Commissioner of Income Tax, Central Circle 30-Mar-2025 The Company has received notice dated 30-03-2025 u/s 148A for reopening of assessment u/s 147 for AY 2019-20. Company on 15/04/2025, had uploaded its objection for reopening. We believed that since there is no escapement of income, assessment can not be reopened. Instead the JAO has ordered reopening of assessement.
5 Assistant Commissioner of Income Tax, Central Circle 31-Mar-2026 The company has received show cause notice for proceedings u/s 148A of the income tax act dated 31.03.2026 for the AY 2020-21. The company is under process of compiling response for the same.
6 Assistant Commissioner of Income Tax, Central Circle 7(1), Mumbai 07-Jul-2025 Assessment Year 2024-25:Assessment proceedings concluded and final order u/s 143(3) of the Income tax Act received on 14-03-2026. There is an addition of Rs.1.50 lakhs in the final assessment order. However, the Assessing officer has errored in passing order by not allowing certain legitimates deductions. Due to which wrong demand of Rs.23,50,980/- has been outstanding on IT portal. The rectification has been filed by the company on 18.03.2026
7 Income Tax Officer, TDS Circle 1(1), Mumbai 26-Jun-2024 Company has compiled data yearwise by tagging appropriate lower deduction certificates against demand raised due to shortfall in TDS deduction as well as done required rectifications on traces portal to delete demand raised on account of Inoperative PAN of the employees. Adjournment has been taken for modifications and corrections are undertaken on Traces portal.
8 The Assistant Commissioner, Central Excise & Central GST, Division VII, Mumbai East Commissionerate 30-Aug-2024 Refund application has been rejected by The Asst. Commissioner of CGST, Appeal filed before Commissioner (Appeals-II) Mumbai against refund rejection order who upheld order passed by The Asst. Commissioner of CGST and dismissed Appeal vide O-I-A No. 474/VKP/ADC/APPEALS-II/ME/24-25 Dt. 27/02/2025 Writ Petition filed before Hon'ble Bombay High Court.
9 Union of India & Others 09-Oct-2023 Rebate applications rejected by The Asst. Commissioner, Rebate, O-I-O is upheld by Commissioner (Appeals), Mumbai, and The Principal Commissioner & Ex. Officio, Additional Secretary, The Govt., of India, Revisional Authority Writ Petition filed before Hon'ble Bombay High Court
10 Union of India & Others 18-Jul-2024 Additional Commissioner, Central Excise, Raigad has issued Show Cause cum Demand Notices to recover sanctioned rebate which were confirmed by The Joint Commissioner but were set aside by The Commissioner (Appeals) after which Deptartment had filed Revision Application to the RA Authority (GOI) who again upheld demand raised vide Show Cause cum Demand Notices issued by Additional Commissioner Writ Petition filed before Hon'ble Bombay High Court.
11 Union of India & Others 31-Oct-2018 In view of the stay granted by Hon'ble Bombay High Court in similar matter, authority has kept the subject SCN in Abeyance in terms of section 75(11) of the Act. Writ Petition filed before Hon'ble Bombay High Court.
12 Joint Commissioner of CGST and Central Excise, Mumbai East, Mumbai 30-Jun-2025 Joint Commissioner of CGST and Central Excise, Mumbai East, Mumbai has issued Show Cause Notice with regards to availing IGST Refund on exports in contravention of Rule 96(10) of the CGST Rules, 2017 during FY 2018-19. In view of the stay granted by Hon'ble Bombay High Court in similar matter, authority has kept the subject show cause notice in Abeyance in terms of section 75(11) of the Act.
13 Joint Commissioner of CGST and Central Excise, Mumbai East, Mumbai 30-Sep-2025 Joint Commissioner of CGST and Central Excise, Mumbai East, Mumbai has issued Show Cause Notice with regards to availing IGST Refund on exports in contravention of Rule 96(10) of the CGST Rules, 2017 during the FY 2019-20 to 2023-24. In view of the stay granted by Hon'ble Bombay High Court in similar matter, authority has kept the subject show cause notice in Abeyance in terms of section 75(11) of the Act.
14 Asst. Commissioner of State Tax, Mazgaon, Mumbai 06-Nov-2025 Asst. Commissioner of State Tax, Mazgaon, Mumbai has issued Sommons to appear before him along with details of; i. Payment realization details (FIRC, BRC) of export invoices for which refund had been claimed for the F.Y. 2023-24 & 2024-25. ii. ITC register (Annexure-B) in respect of refund claimed for the F.Y. 2023-24 & 2024-25. iii. Sample copy of export invoices and purchase invoices We appeared before Asst. Commissioner of State Tax and have submitted required documents, awaiting for further proceedings / Order.