Archive · 9 Jan 2026
HUL Receives ₹1,560 Crore Tax Assessment Order
Hindustan Unilever, a big company that makes many products, got a big tax bill from the government.
The bill is for ₹1,560 crore for the year 2021-22.
The government said this is because of some rules about how much tax big companies should pay.
But Hindustan Unilever said this won't affect their business much.
They will ask the government to look at this decision again.
The company's stock price went down a little bit after this news.
Hindustan Unilever Ltd (HUL) received an income tax assessment order of ₹1,559.69 crore for FY 2021-22.
The order pertains to transfer pricing adjustments and corporate tax disallowances.
HUL stated the order will have no material impact on its financials, operations, or other business activities.
The company will file an appeal with the appellate authority within the permissible timeline.
No penalties, sanctions, or restrictions have been imposed in the order.
- Who
- Hindustan Unilever Ltd (HUL)
- What
- Received an income tax assessment order of ₹1,559.69 crore
- When
- January 7, 2026
- Where
- Mumbai, India
- Why
- Due to transfer pricing adjustments and corporate tax disallowances
- Company
- Hindustan Unilever Ltd (HUL)
- Assessment Amount
- ₹1,559.69 crore
- Financial Year
- 2021-22
- Assessment Year
- 2022-23
- Issuing Authority
- Assistant Commissioner of Income Tax, Central Circle 5(2), Mumbai
- Date Received
- January 7, 2026
- Stock Price Change
- ₹2,389.70, down by ₹9.70 (0.40%)
