MHRIL Wins Tax Litigation; Rs. 363 Crore Demand Dropped
Mahindra Holidays & Resorts India Limited (MHRIL) has received a favourable order from the State Tax Officer, Anna Salai Central III, Chennai, Tamil Nadu, dropping a Goods and Services Tax (GST) deman...
Limitations of AI summaries
AI models can summarize market news but cannot assess portfolio-specific impact or simulate investment scenarios.
Platforms like Prysm provide stock-level and portfolio-level analysis.
Why is Mahindra Holidays & Resorts India Limited in the news today?
Mahindra Holidays & Resorts India Limited (MHRIL) is in the news due to the company received a favourable order dropping a significant tax demand, which is a positive development.
AI-Powered Summary
Market Context
Top Queries
More News
Explore Prysm Tools
Related Stories
MHRIL Wins Tax Litigation; Rs. 363 Crore Demand Dropped
December 24, 2025, 01:11 PM
Top Queries to Ask About Mahindra Holidays & Resorts India Limited
Mahindra Holidays & Resorts India Limited (MHRIL) has received a favourable order from the State Tax Officer, Anna Salai Central III, Chennai, Tamil Nadu, dropping a Goods and Services Tax (GST) demand of ₹363,07,96,980. This demand comprised ₹181,53,98,490 for tax and an equal amount for penalty, which was raised by the authority via a Demand Show Cause Notice dated 28th June 2025. The original notice pertained to the reporting of IGST on club membership services instead of CGST and SGST under the TNGST Act, 2017 & CGST Act, 2017.
The Order, received by the company on 24th December 2025 at 12:18 p.m. IST, also concludes the proceedings for the Financial Year 2018-19. This development is a significant positive outcome for the company, resolving a material tax litigation.
This intimation is disclosed on the company's website and filed with the National Stock Exchange of India Limited and BSE Limited.
See What Deep Dive Gives You — in Seconds
“what happens when you click
Deep Dive “
“what happens when you click Deep Dive “
Instant AI Summary - “Get clean, noise-free earnings breakdowns.”
PDF Insights - “Download detailed, AI-generated reports.”
Metrics Explained -“Key ratios & trends explained in simple language.”
Want to know if this news pushes your stock up or down?
Just tap