Mumbai, March 20 (IANS) State Bank of India on Friday said it has received an income tax demand of Rs 63,375 crore for the assessment year 2023–24 and said it will challenge the order.The public lender lender informed stock exchanges that it has received a tax demand notice from the Income Tax Department following scrutiny assessment proceedings.The order, dated March 19, 2026, includes a total demand of Rs 63,375 crore, which also covers interest.The bank said the demand has been raised due t…
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