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Onelife Capital Advisors provides update on step down subsidiary

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Capital Market

Goodyield Farming gets IT demand of Rs 9.34 cr for AY 2013-14

Onelife Capital Advisors announced that the Company have received the intimation from its step down subsidiary i.e. Goodyield Farming that the they have received the notice of Income Tax demand under section 156 of the Income Tax Act 1961 for the assessment year 2013-2014 of Rs. 9.34 crore. They further intimated to the Company that they will appeal against the said assessment order before Honorable Commissioner of Income Tax (Appeal), Mumbai.

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First Published: Apr 05 2016 | 12:34 PM IST

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