ALPHA TRIBE

Kalpataru Projects International LimitedOthers, 17-07-2025: Action(s) taken or orders passed

17-07-2025 | 07:31 pm

Kalpataru Projects International's Mauritania branch has successfully reduced its tax penalty. Previously, the branch faced a demand of approximately INR 0.84 Cr for FY2023 and INR 0.29 Cr for FY2024 related to tax base reconstitution and expense disallowance. Following objections filed by the branch, the penalty amounts have been revised downward. The final penalty is now approximately INR 0.72 Cr for FY2023 and INR 0.27 Cr for FY2024. This outcome reflects successful dispute resolution, mitigating the initial tax demand on the company's international operations.

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