Latest Deputy Commissioner of Income Tax News & Updates

Mumbai, March 4 (IANS) Shares of Polycab India Limited ended lower on Wednesday after the company said it has received an income tax demand of Rs 327.45 crore for the assessment year 2024-25. The order was issued by the Office of the Deputy Commissioner of Income Tax, Mumbai, and was received by the company on March 3, 2026.The demand follows an assessment order that includes disallowances and additions amounting to Rs 41.87 crore.However, Polycab said that after consulting its tax advisors, it …