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ICICI Bank’s Tax Demand Nullified by Appellate Order

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ICICI Bank’s Tax Demand Nullified by Appellate Order

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An update from Icici Bank ( (IBN) ) is now available.

On November 13, 2025, ICICI Bank received a favorable decision from the Appellate Joint Commissioner under the Telangana Goods and Services Tax Act, 2017, which nullified a previous tax demand and penalty imposed by the Telangana Goods and Services Tax Department. This decision effectively disposes of the tax demand, potentially impacting the bank’s financial obligations positively and reinforcing its compliance standing.

The most recent analyst rating on (IBN) stock is a Buy with a $34.00 price target. To see the full list of analyst forecasts on Icici Bank stock, see the IBN Stock Forecast page.

Spark’s Take on IBN Stock

According to Spark, TipRanks’ AI Analyst, IBN is a Outperform.

Icici Bank’s overall score is driven by strong financial performance and a positive earnings call, indicating robust profitability and growth. However, liquidity challenges and neutral technical indicators slightly temper the outlook.

To see Spark’s full report on IBN stock, click here.

More about Icici Bank

ICICI Bank Limited is a prominent financial institution in India, primarily engaged in providing a wide range of banking and financial services. The bank operates in the financial services industry, focusing on retail and corporate banking, treasury operations, and other financial services, serving a diverse customer base across India and internationally.

Average Trading Volume: 4,682,286

Technical Sentiment Signal: Buy

Current Market Cap: $110.5B

For a thorough assessment of IBN stock, go to TipRanks’ Stock Analysis page.

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