Gujarat State Petronet Limited Receives Income Tax Rectification Order for Assessment Year 2024-25
Gujarat State Petronet Limited confirmed the receipt of a rectification order related to its income tax assessment for the year 2024-25, corresponding to the Financial Year 2023-24.The company reported that it received the rectification order under Section 154 of the Income Tax Act, 1961, on April 10, 2026. This order was issued by the Assistant Commissioner of Income Tax, Gandhinagar Circle, Gandhinagar.The rectification order dated April 9, 2026, corrected the assessed income figure. Specifically, the order rectified the assessed income in the tax computation to Rs.1,435 crores, changing the previous figure of Rs.1,683 crores for AY...