Announced Tue, 16 Jun · 09:27 IST
Tax demand notice of Rs 26.92 lakh from Haryana authorities
Regulatory & Legal View source PDF
JTEKTINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+2.1%1-day move
₹131.51
prior close
₹136.44
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.1-0.8-0.9-1.6+2.1+5.2+4.7+4.5+2.1+2.7+6.7+5.7——
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AI summary
Jtekt India received three notices of assessment and demand under Section 9 of the Haryana Tax on Entry of Goods into Local Areas Act 2008 from the Excise and Taxation officer-cum Assessing Authority, Gurugram, for FY 2015-16 to 2017-18, totalling Rs 26,91,900. The company states there is no material impact on financials or operations and is in the process of filing a reply.
Likely market impact
Minor tax demand of ~Rs 26.92 lakh; company says no material impact and is contesting it.