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Nuvoco Vistas Corp. Ltd. has announced a show cause notice from the State Tax Officer, Chengalpattu Intelligence Division, Tamil Nadu, relating to FY 2018-19 and FY 2019-20, proposing a tax demand of Rs. 11.28 Cr. The notice allegedly misinterprets the Trial Balance by recording expenses as income and misclassifying liabilities under reverse charge tax. The company intends to file a detailed reply, confident that its supporting documents will refute the claims, and expects no significant financial impact from this dispute.