STL Global Ltd. Files Appeal Against Income Tax Order of Rs. 3.05 Crores for F.Y. 2015-16 to 2020-21

STL Global Ltd. has received an order from the Income Tax Authorities under section 250 of the Income Tax Act, 1961, for an assessment order u/s 147 r.w.s. 143(3) and demand notice under section 156. The total demand is for Rs. 3.05 crores of Income Tax for the financial years 2015-16 to 2020-21. The company had filed an appeal before the Commissioner of Income Tax (CIT) against this order, which was dismissed. The company is now filing an appeal before the Income Tax Appellate Tribunal (ITAT). Despite this, there is no material impact on the financial, operations, or other activities of the company.