5008402026-10-015008402026-10-01ActionsTakenOrOrdersPassedDomain15008402026-10-01ActionsTakenOrOrdersPassedDomain1PersonsAgainstWhomActionsTakenOrOrdersPassedDomain15008402026-10-01SignatoriesDomain1iso4217:INRxbrli:pureEIHOTELEIH Limited500840NOTLISTEDINE230A01023NewAction(s) taken or orders passed (sub-para 20)false2026-09-3022:54:002026-10-01Imposition of fine or penaltyStatutory AuthorityIncome-tax Department1Listed Entity (Self)EIH LimitedEmailThe penalty pertains to additions/disallowances made during the assessment proceedings relating to: (i) Transfer Pricing Adjustment of Rs. 1.83 crore; and (ii) Disallowance under Section 40(a)(i) amounting to Rs. 0.84 crore. The order records that the appellate proceedings before the Commissioner of Income-tax (Appeals) [CIT(A)] resulted in partial relief on both issues. However, the consequential appeal-effect order pursuant to the CIT(A)'s decision has not yet been passed by the jurisdictional Assessing Officer. Accordingly, the penalty order notes that the penalty has been levied on a protective basis based on the assessment position presently available and is liable to be modified upon giving effect to the appellate order. The Company has already preferred further appeals before the Income Tax Appellate Tribunal in respect of the amounts / issues that continue to remain under dispute and is also pursuing consequential appeal effect before the jurisdictional tax authorities pursuant to the relief granted by the appellate order passed by the CIT(A). Based on its assessment of the matter, the Company believes that it has adequate grounds to contest the penalty order on merits and will continue to pursue the available appellate remedies. The order arises from tax adjustments/disallowances made during assessment proceedings and does not relate to concealment of income by the Company. The financial impact of the order, as presently quantified, is Rs. 92.56 lakh, which remains subject to modification pursuant to the consequential appeal-effect order and the outcome of the pending appellate proceedings.2026-09-30Income-tax Department under Section 271(1)(c) of the Income-tax Act, 1961 for Assessment Year 2016-17, levying a penalty of Rs. 92,56,326. The penalty pertains to additions/disallowances made during the assessment proceedings relating to: (i) Transfer Pricing Adjustment of Rs. 1.83 crore; and (ii) Disallowance under Section 40(a)(i) amounting to Rs. 0.84 crore.2016-2017Income-tax Department under Section 271(1)(c) of the Income-tax Act, 1961 for Assessment Year 2016-17, levying a penalty of Rs. 92,56,326. The penalty pertains to additions/disallowances made during the assessment proceedings relating to: (i) Transfer Pricing Adjustment of Rs. 1.83 crore; and (ii) Disallowance under Section 40(a)(i) amounting to Rs. 0.84 crore.9256326The order records that the appellate proceedings before the Commissioner of Income-tax (Appeals) [CIT(A)] resulted in partial relief on both issues. However, the consequential appeal-effect order pursuant to the CIT(A)'s decision has not yet been passed by the jurisdictional Assessing Officer. Accordingly, the penalty order notes that the penalty has been levied on a protective basis based on the assessment position presently available and is liable to be modified upon giving effect to the appellate order. The Company has already preferred further appeals before the Income Tax Appellate Tribunal in respect of the amounts / issues that continue to remain under dispute and is also pursuing consequential appeal effect before the jurisdictional tax authorities pursuant to the relief granted by the appellate order passed by the CIT(A). Based on its assessment of the matter, the Company believes that it has adequate grounds to contest the penalty order on merits and will continue to pursue the available appellate remedies. The order arises from tax adjustments/disallowances made during assessment proceedings and does not relate to concealment of income by the Company. The financial impact of the order, as presently quantified, is Rs. 92.56 lakh, which remains subject to modification pursuant to the consequential appeal-effect order and the outcome of the pending appellate proceedings.The order records that the appellate proceedings before the Commissioner of Income-tax (Appeals) [CIT(A)] resulted in partial relief on both issues. However, the consequential appeal-effect order pursuant to the CIT(A)'s decision has not yet been passed by the jurisdictional Assessing Officer. Accordingly, the penalty order notes that the penalty has been levied on a protective basis based on the assessment position presently available and is liable to be modified upon giving effect to the appellate order. The Company has already preferred further appeals before the Income Tax Appellate Tribunal in respect of the amounts / issues that continue to remain under dispute and is also pursuing consequential appeal effect before the jurisdictional tax authorities pursuant to the relief granted by the appellate order passed by the CIT(A). Based on its assessment of the matter, the Company believes that it has adequate grounds to contest the penalty order on merits and will continue to pursue the available appellate remedies. The order arises from tax adjustments/disallowances made during assessment proceedings and does not relate to concealment of income by the Company. The financial impact of the order, as presently quantified, is Rs. 92.56 lakh, which remains subject to modification pursuant to the consequential appeal-effect order and the outcome of the pending appellate proceedings.The order records that the appellate proceedings before the Commissioner of Income-tax (Appeals) [CIT(A)] resulted in partial relief on both issues. However, the consequential appeal-effect order pursuant to the CIT(A)'s decision has not yet been passed by the jurisdictional Assessing Officer. Accordingly, the penalty order notes that the penalty has been levied on a protective basis based on the assessment position presently available and is liable to be modified upon giving effect to the appellate order. The Company has already preferred further appeals before the Income Tax Appellate Tribunal in respect of the amounts / issues that continue to remain under dispute and is also pursuing consequential appeal effect before the jurisdictional tax authorities pursuant to the relief granted by the appellate order passed by the CIT(A). Based on its assessment of the matter, the Company believes that it has adequate grounds to contest the penalty order on merits and will continue to pursue the available appellate remedies. The order arises from tax adjustments/disallowances made during assessment proceedings and does not relate to concealment of income by the Company. The financial impact of the order, as presently quantified, is Rs. 92.56 lakh, which remains subject to modification pursuant to the consequential appeal-effect order and the outcome of the pending appellate proceedings.Lalit Kumar SharmaCompany Secretary & SVP2026-10-01New Delhi