Tax order from Chennai authority; company to appeal
THOMASCOOK · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.4 pts less than Nifty Microcap 250 and 0.4 pts less than its Tour Travel Related Services 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.
Thomas Cook India received an order from the Commercial Tax Officer, Chennai, demanding ₹13.94 lakh in tax on wrongly adjusted Input Tax Credit against 5% turnover, plus interest of ₹5.38 lakh and penalty of ₹1.39 lakh under the CGST Act 2017. Total exposure is ~₹30.7 lakh. The company plans to appeal before the appropriate authority and states there is no material financial or operational impact.
Minor GST order (~₹30.7 lakh total). Company plans to appeal; says no material impact on financials or operations.