NSEAction(s) taken or orders passed2d ago · 30 Jul 2026, 11:20 am
Action(s) taken or orders passed
LG Electronics India Limited · LGEINDIA
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LG Electronics India Limited has received an order from the Income Tax Appellate Tribunal (ITAT) in relation to income tax matters for financial years 2014-15, 2016-17, 2017-18, 2019-20, and 2021-22, resulting in the deletion of transfer pricing and corporate tax additions amounting to approximately INR 1,305 crores.
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LG Electronics India Limited has informed the Exchange about Action(s) taken or orders passed
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LGEINDIA_30072026111911_Intimation_under_Regulation_30_dated_July_30_2026.pdf
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LG Electronics India Limited
(16th to 20th Floor) C- 001, Tower D, KK Project, Sector-16 B.
Noida - 201301 Dist. Gautam Buddha Nagar, UP (India)
T: 91-120-651-6700 Website: www.lg.com/in
Email id: cgc.india@lge.com
LGEIL/CGC/2026-27/36
Date: July 30, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers
Bandra Kurla Complex, Dalal Street,
Bandra (E), Mumbai – 400 051 Mumbai – 400 001
NSE Symbol: LGEINDIA Scrip Code: 544576
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI Listing Regulations”), we hereby inform you that the Company has
received an order from the Income Tax Appellate Tribunal(“ITAT”) in relation to Income tax matters
pertaining to financial years 2014-15, 2016-17, 2017-18, 2019-20 and 2021-22.
The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master
Circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is enclosed herewith
as Annexure-A.
The date and time of occurrence of information is July 29, 2026 at 12:32 hours (IST), being the date
and time when the Company received the aforesaid order.
Kindly take the above information on record.
Thanking You,
Yours truly,
For LG Electronics India Limited
(Anuj Goyal)
Company Secretary and Compliance Officer
Encl: As above
Regd. Office: A-24/6, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi – 110044
CIN: L32107DL1997PLC220109
LG Electronics India Limited
(16th to 20th Floor) C- 001, Tower D, KK Project, Sector-16 B.
Noida - 201301 Dist. Gautam Buddha Nagar, UP (India)
T: 91-120-651-6700 Website: www.lg.com/in
Email id: cgc.india@lge.com
Annexure – A
Sr. No. Particulars Details
1 Name of the Authority; Income Tax Appellate Tribunal, Delhi (ITAT)
2 Nature and details of action(s) taken Appeal Order passed by Income Tax Appellate
or order(s) passed; Tribunal for 5 Years
(FY 2014-15, 2016-17, 2017-18, 2019-20, 2021-22)
3 Date of receipt of Direction or July 29, 2026
order, including any ad-interim or
interim orders, or any other
communication from the authority;
4 Details of the violation(s) / On July 29, 2026, the Company received ITAT
contraventions (s) committed or Delhi order for 5 years in respect of appeals filed by
alleged to be committed; the Company challenging Income Tax Assessment
Order passed u/s 143(3) / 144C (13) of Income Tax
Act, 1961 following directions of Dispute
Resolution Panel.
ITAT has completely deleted all additions related to
Transfer Pricing and Corporate Income Tax
(Additions amounting to appx INR 1,305 Crores).
Transfer Pricing additions are deleted considering
the Advance Pricing Agreement (APA) signed by
the Company on January 5, 2026. Corporate Tax
additions are deleted on merits following earlier
years’ ITAT Order on same matters.
Assessing Officer is yet to issue “Order Giving
Effect to ITAT Order”.
5 Impact on financial, operation or No adverse impact on financial, operation or other
other activities of the listed entity, activities. ITAT decision is in favor of the
quantifiable in monetary terms to Company, it deletes outstanding Tax demands,
the extent possible; however Income Tax Department may prefer appeal
in Hon’ble High Court on Corporate Tax issues.
Regd. Office: A-24/6, Mohan Cooperative Industrial Estate, Mathura Road, New Delhi – 110044
CIN: L32107DL1997PLC220109