Harish Textile Engineers Receives Income Tax Reassessment Notice

Harish Textile Engineers Ltd has received an Order under Section 148A(3) and a Notice under Section 148 of the Income-tax Act, 1961, from the Assistant Commissioner of Income Tax, Mumbai. This action pertains to the reopening of assessment for Assessment Year 2021-22. The company is reviewing the order and notice with tax advisors and will file a response within the prescribed timelines. No financial impact is currently ascertainable as no tax demand or liability has been raised.