PVV Infra has informed that it has received the judgment in favour dated 06/05/2025 u/s 250 of Income Tax Act,1961, from Commissioner of Income Tax (Appeals) to set aside previous orders and granting a big relief to PVV Infra Limited by removing a penalty for Assessment year 2019-20 of value ? 33,75,87,869 (Rupees thirty three crores seventy five lakhs eighty seven thousand eight hundred and sixty nine) bringing significant financial reprieve to the organization, particularly in matters concerning sub-contract works.
The above information is a part of company’s filings submitted to BSE.