Latest Assessment Order News & Updates

New Delhi, March 31 (IANS) State-owned Central Bank of India has received a tax demand notice of Rs 296.08 crore from the Income Tax Department for an alleged shortfall in tax payment for the financial year 2024-25, according to its regulatory filing on Tuesday.The public sector lender said that the notice relates to the assessment year 2024-25 and is linked to an alleged shortfall in tax payment.In the exchange filing, the bank said it received the assessment order dated March 28, 2026, under r…

New Delhi, March 7 (IANS) E-commerce marketplace Meesho has received an income tax demand of nearly Rs 1,500 crore for the assessment year 2023–24 and said it will challenge the order, stating that it disagrees with the tax department’s observations.The demand was issued through an assessment order under Section 143(3) of the Income Tax Act, 1961 along with a demand notice under Section 156.According to an exchange filing, the tax authorities have raised a total demand of Rs 1,499.73 crore, …