News Stocks Schneider Electric Infrastructure Receives Stay Order on INR 13.82 Crore Tax DemandSchneider Electric Infrastructure Receives Stay Order on INR 13.82 Crore Tax Demand
Schneider Electric Infrastructure Limited has received a stay order from the Income Tax Appellate Tribunal, Ahmedabad "D" Bench on February 9, 2026, providing partial relief on a tax demand of INR 13,82,91,940 for Assessment Year 2021-22. The company is required to pay 20% of the disputed amount within two weeks. This follows an earlier order by the Deputy Commissioner dated August 12, 2025, which had reduced the additional tax demand to the current figure.
*this image is generated using AI for illustrative purposes only.
Schneider Electric Infrastructure Limited has secured a partial stay on a significant tax demand from the Income Tax Appellate Tribunal, providing relief in an ongoing tax dispute for Assessment Year 2021-22.
Stay Order Details
The Income Tax Appellate Tribunal, Ahmedabad "D" Bench issued a stay order dated February 9, 2026, in response to the company's application seeking stay on collection and recovery of the outstanding tax demand. The company received this order on February 10, 2026 at 06:27 p.m. (IST).
| Parameter: | Details |
|---|---|
| Stay Order Date: | February 9, 2026 |
| Tribunal: | Income Tax Appellate Tribunal, Ahmedabad "D" Bench |
| Order Received: | February 10, 2026 at 06:27 p.m. (IST) |
| Payment Required: | 20% of disputed amount |
| Payment Timeline: | Within two weeks from order date |
Tax Demand Background
This stay order relates to a tax demand of INR 13,82,91,940 for Assessment Year 2021-22. The current demand amount was established through an order dated August 12, 2025, passed by the Deputy Commissioner, which reduced the additional tax demand to this figure.
| Financial Details: | Amount |
|---|---|
| Total Disputed Tax Demand: | INR 13,82,91,940 |
| Required Payment (20%): | INR 2,76,58,388 |
| Assessment Year: | 2021-22 |
Compliance and Next Steps
As per the stay order conditions, Schneider Electric Infrastructure Limited has been directed to pay 20% of the disputed tax demand of INR 13,82,91,940 within two weeks from February 9, 2026. The company has committed to keeping the stock exchanges informed about subsequent updates on this matter.
The disclosure was made under Regulation 30 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, continuing the company's transparency in material developments affecting its financial position.
Historical Stock Returns for Schneider Electric Infra
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.27% | +7.83% | +23.38% | -14.96% | +22.98% | +656.28% |
17
