Sure Financial institution has 2 tax discover concurrently, demand of greater than ₹ 536 crore; Is the time to get out of the inventory?

Sure Financial institution has 2 tax discover concurrently, demand of greater than ₹ 536 crore; Is the time to get out of the inventory?

Sure Financial institution of Non-public Sector has obtained two new tax notices concurrently. In a single, a tax of Rs 244.20 crore has been demanded for evaluation yr 2016-17 and Rs 292.29 crore for evaluation yr 2017-18 within the second. Nevertheless, each these notices are related to the previous discover and the financial institution says … Read more

Revenue tax division sought tax of ₹ 2209 crore from YES Financial institution, preparation for enchantment in opposition to order

Revenue tax division sought tax of ₹ 2209 crore from YES Financial institution, preparation for enchantment in opposition to order

Personal sector Sure Financial institution has obtained an revenue tax demand discover of Rs 2,209 crore for the evaluation 12 months 2019-20. The financial institution has advised the inventory markets by means of change submitting. Sure Financial institution feels that this demand is mistaken. The financial institution has stated that it obtained an order on … Read more