Leela Palaces Hotels & Resorts Receives Appellate Orders on Input Tax Credit Matter
Leela Palaces Hotels & Resorts Limited received four appellate orders from Joint Commissioner of Commercial Taxes, Bengaluru on January 12, 2026, regarding alleged ineligible input tax credit availment. The appeals were partly allowed, but the company states these orders have no material impact on its financial position or operations. The luxury hotel chain is evaluating further appellate remedies to address the tax matter.

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Leela Palaces Hotels & Resorts Limited has disclosed receiving four appellate orders from tax authorities regarding input tax credit matters. The company made this disclosure under Regulation 30 of SEBI listing regulations on January 13, 2026.
Tax Authority Orders
The orders were issued by the Joint Commissioner of Commercial Taxes (Appeals-5), Bengaluru, with the company receiving them on January 12, 2026. The appeals were partly allowed by the tax authority.
| Parameter: | Details |
|---|---|
| Authority: | Joint Commissioner of Commercial Taxes (Appeals-5), Bengaluru |
| Order Date Received: | January 12, 2026 |
| Nature of Order: | Appeal partly allowed |
| Number of Orders: | Four appellate orders |
Nature of Tax Matter
The orders relate to allegations of availment of ineligible or blocked Input Tax Credit by the company. This involves claims that the company may have utilized tax credits that were not permissible under applicable tax regulations.
Financial Impact Assessment
The company has assessed that these orders do not have any material impact on its financial position, operations, or business activities. This indicates that the monetary implications, if any, are not significant enough to affect the company's overall financial standing.
| Impact Area: | Assessment |
|---|---|
| Financial Position: | No material impact |
| Operations: | No material impact |
| Business Activities: | No material impact |
| Further Action: | Evaluating appellate remedies |
Company Response
Leela Palaces Hotels & Resorts is currently in the process of evaluating further appellate remedies available to address these tax orders. This suggests the company may consider challenging the orders at higher judicial or administrative levels if deemed appropriate.
The disclosure was made in compliance with SEBI listing regulations and the company's transparency obligations to shareholders and stock exchanges. The information has been made available on the company's investor website for stakeholder access.
Historical Stock Returns for Leela Palaces Hotels & Resorts
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.57% | +1.49% | +10.55% | +1.09% | +0.93% | +0.93% |
















































