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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Oriental Aromatics Ltd-$

Oriental Aromatics Ltd receives ₹1,36,76,65,149 income tax show cause notice

REGULATORY ▼ Concern Flagged HIGH RISK
📅 Filed on BSE: 30 Mar 2026, 03:16 PM IST  ·  BSE ID: 2f5c6bc2-8f63-436e-9a3f-e76cf3985c23
View Original BSE Filing (PDF)
💡
In Simple Terms
The government's tax department is asking the company to explain why it failed to report ₹1,36,76,65,149 in taxable income for 2020-21.
🤖 AI Summary
  • Show Cause Notice received from Income Tax Department on 29th March 2026 at 16:10 hours
  • Alleged escaped income of ₹1,36,76,65,149/- for Assessment Year 2020-21, with ₹1,25,80,23,649/- still under verification
  • Notice issued under section 148A(1) of Income-tax Act, 1961 from Vadodara IT Circle office
  • Company to file appropriate response within prescribed timelines; no penalty imposed yet
🔢 Key Numbers — exact figures from BSE filing, not rounded
Alleged escaped income
₹1,36,76,65,149/-
Amount still under departmental verification
₹1,25,80,23,649/-
Assessment Year
2020-21
Date of receipt
29th March 2026 at 16:10 hours
🏢 How This Affects the Company
💰
Financial Impact
Financial impact cannot be quantified at this stage. The disputed amount of ₹1,36,76,65,149/- represents potential additional tax liability, but actual exposure depends on the outcome of the show cause response and subsequent assessment proceedings.
⚠️
Risk Impact
Tax department has initiated escalated proceedings under section 148 of the Income-tax Act, which carries higher scrutiny. Financial impact and any penalties remain uncertain until the company's response is evaluated and the department completes verification of the ₹1,25,80,23,649/- still under review.
👥 What This Means For Shareholders
✅
Action Required
No action required from shareholders at this time. Monitor company disclosures for response filing and subsequent departmental communication.
👤
Who Is Affected
All equity shareholders of Oriental Aromatics Ltd are affected through potential impact on net profits and cash outflows if additional taxes are ultimately assessed.
🔍
Management Signal
Company acknowledges the notice and commits to filing appropriate response within statutory timelines, indicating compliance-oriented approach to tax authority proceedings.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Company disclosure of response filing to Income Tax Department within statutory timeline
Subsequent show cause communications from Income Tax Department regarding verification status
Q4 FY26 results — check for tax contingency disclosures related to AY 2020-21
HIGH RISK ₹1,36,76,65,149 disputed amount represents significant potential liability. ₹1,25,80,23,649 under verification extends uncertainty. Section 148 proceedings carry stringent documentation requirements.
💡 Investor Takeaway
Oriental Aromatics Ltd received a Show Cause Notice for Assessment Year 2020-21 alleging ₹1,36,76,65,149 in escaped income. ₹1,25,80,23,649 remains under verification. Financial impact indeterminate until company responds and department completes review. No penalty imposed to date.
⚖️ Strengths & Concerns

⚠️ Concerns

  • Income Tax Department alleges ₹1,36,76,65,149 in income escaped assessment for AY 2020-21
  • ₹1,25,80,23,649 amount still under verification by Department, creating extended uncertainty exposure
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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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