NDR Auto Components Receives Tax Demand Notices for 46.3 Million Rupees

NDR Auto Components Ltd has been issued tax demand notices by the Income Tax Department, requiring the company to pay a total of 46.3 million rupees. These notices pertain to specific assessment years and are issued under the provisions of the Income Tax Act. The company is expected to address the demand in accordance with the applicable legal and regulatory framework. While the exact details of the assessment and its potential impact on the company's financials remain undisclosed, NDR Auto Components is likely to explore legal avenues to challenge or resolve the matter.

Key Highlights:
- Tax demand notices issued by the Income Tax Department for a total of 46.3 million rupees.
- Notices pertain to specific assessment years under the Income Tax Act.
- The company is expected to comply with legal and regulatory requirements while addressing the demand.
- Potential financial implications and further actions by the company are yet to be disclosed.

Source Names: Reuters, NDR Auto Components Ltd official reports.