Endurance Technologies Limited Wins Appeal, Demand Order Set Aside for FY 2020-21
Endurance Technologies Limited has successfully secured a favorable ruling in a tax dispute, following an appeal that resulted in a Demand Order being set aside. The decision comes from the Joint Commissioner (ST), Appeals, regarding a matter pertaining to the financial year 2020-21.The dispute originally stemmed from an Order passed by the Deputy Commissioner (CT), LTU-DC1, Tamil Nadu. This Demand Order involved a total demand of Rs. 98.28 lakh. The specified amount included disputed tax amount, interest, and penalty. The tax demand primarily related to Credit Notes issued to customers for sales return transactions and interest calculated on the...