Archive · 18 Sep 2025
Marico: Income Tax Survey Conducted; No Material Impact Reported
The Income Tax Department conducted a surprise survey at the offices of Marico Limited, the company behind Parachute hair oil.
This type of survey is used to check company records for potential tax issues.
Around 200 tax officials were involved in the survey, inspecting documents and accounts.
Marico stated that they are cooperating with the authorities.
Unlike a raid, the survey does not allow for searches or seizures.
Marico has stated that the survey has no material impact on the company.
The Income Tax Department can inspect documents and copy them, potentially impounding them for up to ten days.
Income Tax officials conducted a survey at various Marico offices.
The survey was carried out under Section 133A of the Income Tax Act.
Marico stated there is currently no material impact from the survey.
The Income Tax Department can inspect and copy documents during the survey.
Marico is cooperating fully with the Income Tax Department.
- Who
- Income Tax Department and Marico Limited
- What
- An income tax survey was conducted at Marico offices.
- When
- Survey began on Wednesday.
- Where
- Various Marico offices in India.
- Why
- To collect information about suspected irregularities.
- Company
- Marico Limited
- Main Brands
- Parachute, Saffola, Livon
- Type of Survey
- Income Tax survey
- Section of Law
- 133A of the Income Tax Act
- Impact Declared
- No material impact
- Officials Involved
- 200 Income Tax officials