commissioner of income tax (appeals)

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    Income Tax Authority Issues Demand Notice to TVS Srichakra

    New Delhi, March 26 Tyre manufacturer TVS Srichakra Ltd said on Thursday that it has received a demand notice of ₹29.47 crore, including tax and interest, from the income tax authority under a disallowance provision, with a penalty proposed for under-reporting of income.An order has been...
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    Income Tax Department Raises Tax Demand Against LIC

    New Delhi, March 25 – The Life Insurance Corporation of India (LIC) announced on Wednesday that it had received a substantial tax demand from the Income Tax Department for the financial year 2021-22.In a disclosure in a regulatory filing, LIC stated that the assessment unit of the tax...
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