tax notice

Hero Moto tax notice: Hero MotoCorp gets tax and interest notice from I-T Dept totalling Rs 605 cr for six AYs

by

Two-wheeler maker Hero MotoCorp has received tax demand notice from the Income Tax Department for Rs 308.65 crore and interest thereon for Rs 296.22 crore for six assessment years, the company said in a stock exchange filing on Thursday. The assessment orders and demand notices are for six assessment years including FY14, FY15, FY16, FY17, … Read more

CEAT gets GST demand, penalties of over Rs 19 cr

by

New Delhi: Tyre maker CEAT Ltd on Wednesday said it has received GST demand and penalties totalling over Rs 19 crore from tax authorities in Maharashtra and Vadodara. The Additional Commissioner, CGST & Central Excise, Vadodara has issued an order for an interest of Rs 3.27 crore along with a penalty of Rs 13.68 crore … Read more