JUST IN | Marico gets ₹142 cr income tax demand; plans to appeal: Agencies #Marico #incometax https://t.co/OVcnoreDYA
Rs 2400 crore setback for Vedanta! Anil Agarwal's company, subsidiary receive MASSIVE tax demand - Details https://t.co/fmLSeOrro4
#JustIn | #Vedanta gets tax demand order for ₹1,289 cr for AY2020-21 from income tax department https://t.co/JSBFxGhdr7
Colgate-Palmolive has received a tax demand notice amounting to Rs 248.74 crore. In addition, Hindustan Zinc has been issued an income tax demand of Rs 1,170 crore for the fiscal year 2019-20 and plans to appeal the decision. Vedanta has also been served a tax demand of Rs 1,290 crore for the same fiscal year, with intentions to appeal as well. Furthermore, Marico has received a tax demand of Rs 142 crore and is also planning to contest the order. These developments highlight ongoing scrutiny by tax authorities in India, impacting several major companies in the market.