Business · Companies · 3 hrs ago

Tax department appeals ruling granting Dr Lal PathLabs ₹32.66 crore relief

Tax department appeals ruling granting Dr Lal PathLabs ₹32.66 crore relief

India’s Income Tax Department has appealed a tax ruling in favour of Dr Lal PathLabs to the Income Tax Appellate Tribunal in New Delhi.

The dispute concerns ₹32.66 crore in employee stock option expenses that the company had sought to deduct for the 2022-23 assessment year.

The tax department’s appeal challenges a July 2026 decision by the Commissioner of Income Tax (Appeals) that granted the company relief.

The dispute began with a tax assessment order the company received in April 2024.

The tribunal will consider the department’s challenge, though no further steps or hearing dates are stated.

Dr Lal PathLabs says the appeal is not expected to materially affect its operations.

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