Don’t miss the latest developments in business and finance.

Premier Capital Services receives income tax demand notice

Image
Capital Market
Last Updated : Aug 12 2015 | 4:29 PM IST

For Rs 1.55 crore

Premier Capital Services announced that the Company received Notice from the Office of Income Tax Department, under section 271(1)(c)/274 r.w.s. 271 and 156 of the Income Tax Act, 1961 for the Assessment Year 2012-13.

A notice of demand u/s 156 of the Income Tax Act, 1961, received by the Company through which a Tax demand of Rs 1,55,73,740/- was determined by the Income Tax Assessing Officer, against that;

The Company objected on the demand and has preferred an appeal u/s 246 of the Income Tax Act, 1961 to the Commissioner of Income Tax (Appeals), the hearing of which is pending.

Powered by Capital Market - Live News

More From This Section

First Published: Aug 12 2015 | 2:56 PM IST

Next Story