On Thursday, Hero MotoCorp announced that it received a notice from the Income Tax Department totaling ₹605 crore, covering six assessment years (FY14 to FY18 & FY20), which includes interest.
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India News
Income Tax (I-T) department issues Rs 1700 crore notice to Congress after High Court rejects its reassessment plea
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Sources state that the notice follows a day after the Delhi High Court rejected the party’s petition contesting the tax notices.