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Zydus Lifesciences: Zydus Lifesciences arm gets Rs 284.58 cr income tax demand notice

Published: December 26, 2023

Zydus Lifesciences reported that its subsidiary, Zydus Healthcare Ltd, has received an income tax notice demand of Rs 284.58 crore for the assessment year 2023-2024. The demand is attributed to apparent mistakes in the processing of the return of income. Zydus Lifesciences believes that once rectifications are made, the entire demand will be deleted.

Source: indiatimes.com

Quess Corp gets $36 million tax demand, says there are technical errors in calculating tax

Published: October 3, 2023

Indian staffing firm Quess Corp announced it has received a tax demand for INR 3 billion (USD 36.0 million) for the assessment year 2019-2020.

Source: staffingindustry.com

Himachal Pradesh High Court Quashes Revision Petition Against Nokia On Differential Tax Amount On Sale Of Mobile Charger

Published: August 30, 2023

The Himachal Pradesh High Court has quashed the revision petition filed by the Department against Nokia on the differential tax amount on the sale of mobile chargers.The bench of Justice Tarlok Singh...

Source: livelaw.in