Kaveri Seed Company successfully overturned a Rs. 56.2 crore tax demand for the fiscal year 2022-23. The decision was based on recognizing the disputed sum as agricultural income, thereby dismissing the tax claim.

Kaveri Seeds has successfully contested a ₹73.3 crore tax demand related to agricultural income exemptions. The Income Tax Appellate Authority has ruled in their favor, resulting in no significant financial impact on the company.