Tata Consumer Products receives a ₹171.83 crore tax demand for the 2019-20 assessment year.

Tata Consumer Products receives a tax demand of ₹171.83 crore from the Income Tax Department for the assessment year 2019-20. The company believes the demand is not maintainable and is already preparing an appeal and rectification against the order. This demand has no immediate impact on the company's finances, operations, or activities.