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Carraro India Ltd. ( (IN:CARRARO) ) has provided an announcement.
Carraro India Limited has received a Final Assessment Order and Notice of Demand from the Income Tax Department, which has adjusted the company’s tax contentions downwards. The order pertains to transfer pricing assessments and demands a significant amount in taxes. The company plans to appeal the order, believing it will obtain favorable relief, and states there is no immediate impact on its financial or operational activities.
More about Carraro India Ltd.
YTD Price Performance: -56.80%
Average Trading Volume: 21,268
See more insights into CARRARO stock on TipRanks’ Stock Analysis page.