Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from Thomas Cook (India) Limited ( (IN:THOMASCOOK) ) is now available.
Thomas Cook (India) Limited has reported receiving an order dated March 6, 2026 from the Office of the Assistant Commissioner of Income Tax, Circle 1(3)(1), Mumbai, relating to a pending tax dispute for assessment year 2017-18 involving a demand of Rs 1,341.1 million. The company stated that the demand has been resolved through this order and confirmed that there is no impact on its financial operations or other activities, with disclosure made to stock exchanges and on its website in compliance with SEBI Listing Regulations.
The resolution of the Rs 1,341.1 million tax demand removes an overhang of litigation for Thomas Cook India and provides greater clarity around its contingent tax exposure for the relevant year. By formally communicating the outcome under Regulation 30, the company aims to reassure investors and stakeholders that the dispute has been settled without financial or operational consequences, reinforcing its regulatory compliance and disclosure practices in the Indian capital markets.
More about Thomas Cook (India) Limited
Thomas Cook (India) Limited is a listed Indian company in the travel and related services space, whose securities trade on both BSE and the National Stock Exchange under the symbol THOMASCOOK. The company regularly discloses material events and regulatory developments in line with SEBI’s Listing Obligations and Disclosure Requirements framework.
Average Trading Volume: 24,607
Technical Sentiment Signal: Sell
Current Market Cap: 44.33B INR
For an in-depth examination of THOMASCOOK stock, go to TipRanks’ Overview page.