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The Income Tax Department Sent Hero Motocorp A Demand Notice For ₹605 Crore
By: smt finmedia
In an exchange filing, Hero MotoCorp revealed that on April 3, 2024, it was served with assessment orders and demand notices dated March 30, 2024, pertaining to six assessment years from the Income Tax Department. These orders/notices encompass a tax demand of Rs. 308.65 crore and interest of Rs. 296.22 crore. The demand stems from certain disallowances for the assessment years 2013-14 to 2017-18 and 2019-20.(read
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