Legal31 Dec 2025, 03:47 pm
TRF Ltd. Faces Demand Order for Tax Suppression in 2021-22, Company to Appeal
AI Summary
TRF Limited has received a demand order from the State tax officer, Jajpur Circle, Jajpur Odisha, for suppression of taxable turnover leading to short payment of taxes for the period 2021-22. The demand order includes tax, interest, and penalty amounting to 283.35 lakhs. The company is taking necessary steps to appeal against the order and is committed to complying with the regulatory requirements.
Key Highlights
- TRF Limited received a demand order from the State tax officer, Jajpur Circle, Jajpur Odisha, for tax suppression in 2021-22.
- The demand order includes tax, interest, and penalty amounting to 283.35 lakhs.
- The company is committed to taking necessary steps to appeal against the order.
- The alleged violation is suppression of taxable turnover leading to short payment of taxes for the period 2021-22.
- TRF Limited is a TATA Enterprise and the CIN is L74210JH1962PLC00070.
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