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The latest update is out from Carraro India Ltd. ( (IN:CARRARO) ).
Carraro India Limited has received an initial Show Cause Notice from the Income Tax Department regarding a penalty related to the assessment proceedings for the year 2022-23. The company plans to respond with detailed evidence and explanations, aiming for relief from the penalty. There is no immediate impact on the company’s financial or operational activities, and Carraro India is optimistic about receiving a favorable outcome based on legal advice.
More about Carraro India Ltd.
YTD Price Performance: -56.80%
Average Trading Volume: 21,268
Find detailed analytics on CARRARO stock on TipRanks’ Stock Analysis page.