Baazar Style Retail Limited — Others, 28-03-2025: Action(s) initiated or orders passed

Baazar Style Retail Limited has received an Assessment Order and Notice of Demand for ₹6.17 crore related to the Assessment Year 2019-20. The National Faceless Assessment Centre issued these communications, indicating a deviation in income reporting. Although the tax credits of ₹4.43 crore have been disputed, the company plans to appeal for the balance due. This situation may pose a potential financial risk; however, management's proactive steps to address the discrepancies could mitigate effects on investor sentiment. Overall, it suggests a cautious outlook as the company navigates the tax challenges.