Maruti Suzuki India Limited has informed exchanges that it has received a draft assessment order from the Income Tax Authority for the financial year 2022–23, proposing additions to its reported income.
The company disclosed that the draft order, received on March 16, 2026, includes proposed additions and disallowances amounting to ₹57,864 million (₹5,786.4 crore) over the income originally declared in its tax return.
The automaker clarified that this is a preliminary order and not a final tax demand. It plans to challenge the proposed adjustments by filing objections before the Dispute Resolution Panel (DRP), as per the prescribed process.
Importantly, Maruti Suzuki stated that the draft assessment order has no impact on its financials, operations, or other business activities at this stage.