Announced Fri, 19 Jun · 17:53 IST
Anuh Pharma faces Income Tax penalty of about Rs 17.46 lakh for AY 2020-21
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ANUHPHR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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+1.7%1-day move
₹77.65
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₹78.80
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AI summary
The Income Tax Department issued a Demand Order under Section 156 and Penalty Order under Section 270A against Anuh Pharma for Assessment Year 2020-21. The action relates to disallowance of certain deductions. Total financial impact is about Rs 17,46,026 including penalty. The company plans to appeal before higher appellate forums and believes it has adequate grounds. Management states there is no material impact on operations.
Likely market impact
Small financial impact of about Rs 17.46 lakh. Company plans to appeal. No material impact on operations stated by management.