TCS employees hit with tax demand notices
The amounts in question range from ₹50,000 to over ₹1 lakh, depending on the employee's seniority.
The amounts in question range from ₹50,000 to over ₹1 lakh, depending on the employee's seniority.
Hero MotoCorp had filed an appeal against the income tax demand which pertained to re-assessment proceedings.
Centre will forego demands worth ₹3500 - 3600 crore following the finance minister's announcement.
There are a large number of petty, non-verified, non-reconciled or disputed direct tax demands many of them dating back as far back as 1962, says Nirmala Sitharaman.
Warangal authorities' notice follows tax demands worth ₹989 cr issued against insurer earlier.
ICICI Lombard to file appeal against tax demands; ICICI Bank also gets tax demand, penalty worth ₹26.7 cr
Tax demand pertains to "non-payment of GST” on co-insurance premium and re-insurance commission