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Vedant Fashions Receives Favorable Tax Order, No Financial Impact

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Vedant Fashions Receives Favorable Tax Order, No Financial Impact

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An update from Vedant Fashions Limited ( (IN:MANYAVAR) ) is now available.

Vedant Fashions Limited announced that it has received a favorable Order-in-Original from the Office of the Additional Commissioner (Appeal), Kolkata, which dropped the proceedings against the company related to alleged excess availment of Input Tax Credit for the tax period 2017-18. This order results in a NIL demand, indicating no financial or operational impact on the company, thereby maintaining its stable position in the market.

More about Vedant Fashions Limited

Vedant Fashions Limited operates in the fashion industry, specializing in ethnic wear. The company is known for its brand ‘Manyavar’ and focuses on providing traditional Indian garments.

Average Trading Volume: 9,860

Technical Sentiment Signal: Sell

Current Market Cap: 166.5B INR

For a thorough assessment of MANYAVAR stock, go to TipRanks’ Stock Analysis page.

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