Income Tax demand order of Rs 58.31 lakhs received
BBL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.1 pts more than Nifty Microcap 250 and 0.2 pts more than its Heavy Electrical Equipment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Bharat Bijlee received a demand order of Rs 58,30,903 from the Assistant Commissioner of Income Tax under Section 154 of the Income Tax Act for Assessment Year 2020-2021. The demand relates to an excess refund issued earlier and adjustment or recomputation of interest under Section 244A. No violation has been alleged against the company. The company will take steps to discharge the demand. No material impact on operations.
Minor tax demand of Rs 58.31 lakhs with no material impact on operations or financials.