CRISIL Limited — Important, 07-03-2025: General Updates
07-03-2025 | 05:13 pm
07-03-2025 | 05:13 pm
The company has received a TDS assessment order from the Income Tax Authority concerning foreign payments for the financial year 2018-19, with a demand determined at ₹23.10 Crore. The assessment is rooted in previous years' orders on similar issues, leading the company to file an appeal with the Hon’ble CIT(Appeals). Currently, this order is not expected to have an immediate impact on the company’s financial, operational, or other activities, as it is actively addressing the matter through the appeal process. Shareholders should monitor developments closely, as the outcome could influence financial projections moving forward.
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