
Clarification17 Aug 2026, 05:40 pm
Sri Lotus Developers Clarifies Legal Filing Terminology
AI Summary
Sri Lotus Developers and Realty Ltd has issued a revised intimation to correct an inadvertent error in a previous filing dated August 14, 2026. The company clarifies that it has filed an 'Appeal' before the Deputy Commissioner of State Tax (Appeals - IV), Mumbai, Maharashtra, challenging an order from the Assistant Commissioner of State Tax. This correction replaces the term 'writ petition' with 'Appeal' wherever it appeared in the prior intimation. The company is pursuing legal recourse against the tax order and will provide further updates as necessary.
Key Highlights
- Correction issued for intimation dated August 14, 2026.
- Term 'writ petition' corrected to 'Appeal'.
- Appeal filed against State Tax order with Deputy Commissioner.
- Company pursuing legal recourse for tax matter.
- All other details of the previous intimation remain unchanged.
Price Impact
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