Monday, February 13, 2012

I-T slaps Rs 1,137.23 crore additional tax notices on DLF

DLF on Friday said the Income Tax department has slapped additional tax notices of Rs 1,137.23 crore on the company and its subsidiaries for the 2009-10 assessment year. The company said it has challenged these orders before the appellate authorities. "The company and its certain subsidiaries received assessment orders for assessment year 2009-10 and for some reopened cases of earlier assessment years from the income tax authorities, creating an additional demand of Rs 1,137.23 crore," the company said in a statement.
Source: Times of India

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