Archive · 17 Sep 2025
Income Tax Department Surveys Marico Premises Nationwide
The Income Tax Department conducted a surprise survey at Marico's offices across the country.
This involved about 200 tax officials.
Unlike a raid, a survey aims to gather information.
The specific reason for the survey is not explicitly stated in the provided text.
The company's stock decreased in value after the announcement.
Marico makes products that people use in their daily lives.
The IT department's operation happened before GST 2.0 tax reforms rollout.
Income Tax Department conducted a nationwide survey at Marico's premises.
The Mumbai investigation wing of the IT Department led the operation.
Approximately 200 income tax officers were involved in the survey.
The survey operation is a fact-finding process, not a search.
Marico shares decreased by 1.59% after the survey announcement.
- Who
- Income Tax Department
- What
- Conducted a survey operation
- When
- Wednesday
- Where
- Marico's premises nationwide
- Why
- Unspecified investigation; potentially tax-related
Marico
Income Tax Department
Tax Compliance
Marico
Likely aims to demonstrate that Marico follows all tax rules.
Income Tax Department
Investigating potential tax-related issues.
- Target
- Marico Limited
- Action
- Survey Operation
- Conducted By
- Income Tax Department
- Operation Lead
- Mumbai Investigation Wing
- Officers Deployed
- Approximately 200
- Market Impact
- Marico shares down 1.59%
- Marico FY25 Consolidated Sales
- Rs 10,831 crore
