Legal25 Mar 2026, 05:37 pm
Kaushalya Infrastructure Development Corporation Ltd Receives Assessment Orders from Income Tax Department for AYs 2017-24
AI Summary
Kaushalya Infrastructure Development Corporation Ltd has received Assessment Orders under section 147 read with Section 144 of the Income-tax Act, 1961 for the Assessment Years 2017-18, 2018-19, 2019-20, 2020-21, 2021-22, 2022-23 and 2023-24. The total demand raised against the company aggregates to Rs. 5,45,61,668/-. The company is contesting the orders and will pursue them before the relevant appellate authorities.
Key Highlights
- Kaushalya Infrastructure Development Corporation Ltd has received Assessment Orders for AYs 2017-24
- The total demand raised against the company is Rs. 5,45,61,668/-
- The company is contesting the orders and will pursue them before the relevant appellate authorities
- The company does not agree with the observations and adjustments made in the Assessment Orders
- The Assessment Orders do not have any significant or adverse impact on the Company's financial position, operations, or other activities