Puravankara Ltd has received two tax demand notices, with a net tax impact of ₹53.5 million and another amounting to ₹44.7 million. These developments highlight the company's ongoing engagement with tax authorities and the complexities of regulatory compliance.
Key Highlights:
- The tax demand notices collectively amount to ₹98.2 million, reflecting unresolved liabilities.
- Puravankara Ltd is expected to address these notices promptly, ensuring adherence to tax norms and transparency in its financial dealings.
- These notices underscore the challenges faced by companies in navigating intricate tax regulations and maintaining compliance.
Sources: Puravankara Ltd Investor Presentation, Income Tax Department Notifications, Economic Times.