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Maruti Suzuki India has disclosed that it has been issued a draft assessment order by the Income Tax department, indicating pending dues of ₹2,160 crore. This case pertains to the financial year 2019-20.
“The company has received a Draft Assessment Order dated October 3, from the Income Tax Authority for the financial year 2019-20,” the automaker announced in a Bombay Stock Exchange (BSE) filing on Monday.
The company has received a draft Assessment Order for the fiscal year 2019-20, which includes proposed additions/disallowances amounting to ₹2,159.7 crore related to the returned income (the income disclosed by the Company in its Income Tax return).
This is a developing story. Please get back to check for updates.
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