Crompton Greaves Consumer Electricals Receives ₹299.2 Million Tax Demand Notice

Crompton Greaves Consumer Electricals Ltd has received a tax demand notice amounting to ₹299.2 million. The notice pertains to specific tax assessments and potential liabilities that the company must address. Crompton Greaves will need to evaluate the notice and decide on the appropriate course of action, which may include contesting the demand or making necessary payments. This development is part of ongoing tax compliance and regulatory processes that companies face. Crompton Greaves remains focused on its core business operations, including manufacturing and marketing consumer electrical products, while navigating this tax matter.

 

Source: Crompton Greaves Consumer Electricals Limited, Business Standard, Economic Times