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| Exchange Received Time 12/08/2018 09:45:38 Exchange Disseminated Time 12/08/2018 09:45:40 Time Taken 00:00:02 | In continuation to earlier letters on the captioned subject and disclosures provided in the Annual Report of the Company for FY 2017-18, the Company has filed an appeal with Income Tax Appellate Authority ('ITAT'), Delhi against the order passed by CIT-Appeals in respect of income tax demand raised for the Assessment Years 2006-07 to 2014-15.
The Company has received the demand notice from the Assistant Commissioner of Income Tax under section 156 of the Income Tax Act 1961 giving effect to the CIT-Appeals order, and has filed a stay application against the said demand notice before the ITAT Delhi.
The information is being disclosed as a good corporate governance practice.
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