tax demand

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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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    LIC Challenges Income Tax Assessment for FY22

    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 statement filed with regulatory authorities, LIC said that the Income Tax Department's...
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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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    Black Money Tax Cases Rise, Total Assessments Exceed ₹41,257 Cr

    New Delhi, March 23 The income tax department has imposed a tax of ₹4,009.64 crore on undisclosed foreign income and assets under the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax, 2015, over the nine months of the current fiscal year until December 2025.During the...
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    Tata Capital Faces Rs 413 Crore Tax Reassessment

    Tata Capital Receives ₹413 Crore Tax Reassessment Order for FY18, Plans Rectification Appeal Tax Demand Includes ₹202.72 Crore Interest Component Mumbai, March 22: Tata Capital has disclosed that it has received a tax reassessment order amounting to ₹413.18 crore from the Mumbai tax authority...
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    ICICI Bank Disputes GST Demand, Initiates Legal Action

    New Delhi, March 19 ICICI Bank said on Thursday that tax authorities have issued a demand notice of ₹768.6 crore against it for alleged short payment of GST.On March 18, 2026, ICICI Bank received an order under Section 74 of the Maharashtra Goods and Services Tax Act, 2017, from the Additional...
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    Meesho Faces Profitability Concerns as HSBC Issues 'Hold' Rating

    HSBC Initiates Coverage on Meesho With Hold Rating, Sets Target Price of ₹160 HSBC has initiated coverage on e-commerce company Meesho with a Hold rating and a price target of ₹160 per share. The brokerage said the target implies a potential upside of about 12 percent from the current market...
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