5448992026-09-175448992026-09-17ActionsTakenOrOrdersPassedDomain15448992026-09-17ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain15448992026-09-17SignatoriesDomain1xbrli:purePRIORITYPriority Jewels Limited544899NOTLISTEDINE15EH01014NewAction(s) taken or orders passed (sub-para 20)false2026-09-1616:43:002026-09-17Settlement of proceedingsStatutory AuthorityCIT-Appeals, NFAC, Delhi1Listed Entity (Self)Priority Jewels LimitedAppeal filed by the company has been allowed in favour of the company by CIT Appeals, NFAC, DelhiAppellate Order under section 250 of the Income Tax Act, 1961 for Assessment Year 2011-2012. The appeal filed by the Company against the assessment order passed under Section 143(3) of the Income Tax Act, 1961 has been allowed in favour of the Company, with the CIT(A) deleting the additions and disallowances made by the Assessing Officer and providing consequential relief to the Company. Further, the penalty proceedings initiated under Section 271(1)(c) of the Income Tax Act, 1961 in respect of the aforesaid additions have been directed to be dropped.2026-09-16Order dated 16.09.2026 passed by the CIT Appeals, NFAC, Delhi allowing the appeal filed by the Company against the assessment order under Section 143(3) for AY 2011-12 in favour of the Company, with the CIT(A) deleting the additions and disallowances and restoring the amount reduced from Capital WIP.Assessment Year 2011-2012.The order is favourable to the Company and will result in reduction of the corresponding tax demand of Rs. 3.54 Crores. The Company will be eligible for refund of the proportionate tax demand paid, along with applicable interest, if any, subject to giving effect to the appellate order by the Income Tax Department.Not ApplicableNot ApplicableNot ApplicableNot ApplicableAAKRITI BHUSHANCOMPANY SECRETARY2026-09-17MUMBAI