Neeraj Paper: Appeal Filed Against ₹77.56 Lakhs IT Demand

Neeraj Paper Marketing Ltd has filed an appeal before the Commissioner of Income Tax (Appeals) against an assessment order for the assessment year 2019-20. The order, under section 147 read with section 143(3) of the Income-Tax Act, 1961, raised a demand of ₹77,56,540. The company does not expect any material impact on its financials or operations due to the order, other than the demand raised, and has challenged the assessment order.