Tax demand of INR 1,986.25 crore; company plans to appeal
HINDUNILVR · price
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The tax department issued a tax assessment and demand of INR 1,986.25 crore for FY 2020-21, relating to related-party payment valuations and claimed depreciation. The company says the order will not materially affect its finances or operations and plans to appeal.
The company expects no material financial or operational impact and will challenge the tax demand.