Announced Tue, 16 Jun · 09:30 IST
Haryana tax assessment notices totaling Rs 26.92 lakh; company to contest
Regulatory & Legal View source PDF
JTEKTINDIA · price
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₹131.51
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₹135.86
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AI summary
Jtekt India received three assessment and demand notices from Haryana's Excise & Taxation Officer under Section 9 of the Haryana Tax on Entry of Goods into Local Areas Act, 2008, for FY2015-16 to FY2017-18, totaling Rs 26.92 lakh. The company states there is no material financial or operational impact and plans to file a reply contesting the notices.
Likely market impact
Small tax demand of Rs 26.92 lakh is immaterial; company is contesting. No material impact on operations or financials.