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Restaurant Brands Asia LimitedOthers, 28-01-2025: Action(s) initiated or orders passed

28-01-2025 | 09:41 pm

Restaurant Brands Asia Limited has received a Transfer Pricing Order from the Office of the Joint Commissioner of Income Tax for the Assessment Year 2022-23, involving an adjustment of ₹45.51 crores. While this adjustment indicates a potential tax impact, the exact implications will be defined following the completion of further assessment proceedings. Currently, there is no significant material effect on the company’s operations or financial activities. The company plans to appeal this order to higher tax authorities, indicating a vigilant approach to managing tax-related issues. This development presents a neutral impact for investors, highlighting the importance of regulatory navigation without immediate threats to financial health.

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