HP Cotton Textile Mills Ltd — Important, 07-05-2026: Company Update
07-05-2026 · 09:03 pm
H.P. Cotton Textile Mills Limited received a tax assessment notice from the Excise and Taxation Officer in Hisar. The notice alleges non-filing of returns and unpaid taxes from 2008-09 to 2014-15 under the HVAT Act. While the financial impact, including potential interest and penalties, is currently unknown, the company will disclose the final tax liability after adjudication. Management intends to submit necessary documents to address these claims, indicating a potential future financial impact.
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