Piramal Finance Ltd said it received an order allowing a tax loss of ₹10,110 crore in relation to the return of income filed by the company for FY 2023-24 (AY 2024-25). This is pursuant to the assessment proceedings.
With this order, the cumulative assessed tax losses stand at approximately ₹24,600 crore, the company said in a regulatory filing.
The company said its case for AY 2024-25 was selected for scrutiny under Computer-Assisted Scrutiny Selection.
According to tax experts, the company can carry forward the losses for seven years and will be tax-neutral.
Published on March 26, 2026
