Corporate Announcement
Security Code : 532663    Company : SASKEN    
 
Information Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015Download PDF Download XBRL
  Exchange Received Time  13/11/2018 16:49:53         Exchange Disseminated Time   13/11/2018 16:49:59              Time Taken   00:00:06
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as a matter of abundant caution, we wish to inform that the Company has received an assessment order under Section 143(3) of the Income Tax Act, 1961 for the Assessment Year 2016-17 wherein a sum of about Rs.68 crores including interest was raised as tax demand on the Company. However, the Company stand by the position taken in the Income Tax Return filed for the said year and is in the process of filing an appeal against the said order.
 

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