Orient Cement Limited — Important, 01-05-2025: General Updates
01-05-2025 | 07:45 pm
01-05-2025 | 07:45 pm
Orient Cement faces a tax demand of Rs 19.62 Cr plus a penalty related to AY 2022-23, driven by a Rs 41.22 Cr transfer pricing adjustment for internal power transfers. The company will appeal the order, so no immediate cash outflow is expected, but the final financial impact depends on the appeal's outcome.
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