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Garnet International to file plea against IT dept for Rs 4.66 cr notice

Garnet International has informed that Income Tax Department has done block assessment of the Company from Assessment Year 2005-2006 to 2011-2012 and asked a total demand of Rs 4,66,59,674 vide their various orders dated March 30, 2013. The company is filing the appeal against this demand with higher authorities of Income Tax department.

April 16, 2013 / 14:30 IST
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Garnet International Ltd has informed BSE that Income Tax Department has done block assessment of the Company from Assessment Year 2005-2006 to Assessment Year 2011-2012 and asked a total demand of Rs. 466,59,674/- vide their various orders dated March 30, 2013.The Company is filing the appeal against this demand with higher authorities of Income Tax department.Source : BSE

Read all announcements in Garnet Intl

first published: Apr 16, 2013 02:30 pm

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