The notice has been served under Section 156 of the Income Tax Act, 1961 on account of some disallowances and additions made in the assessment order.
The demand notice was issued after the bank’s GST filings were audited annually. Officials found discrepancies in the filings that resulted in the tax claim.
Here are some of the stocks that may see significant price movement today: Avenue Supermarts, Just Dial, PCBL, etc.
The gross non-performing asset (GNPA) ratio was 2.72% in the September quarter, compared to 2.89% in the June quarter.
The order confirms a tax refund amounting to ₹123.87 Crore, including interest under Section 244A, for the assessment year 2021-22.
The provision coverage ratio also increased to 96.96% as of the June quarter, up from 96.85% in the same quarter last fiscal.
Invest wise with Expert advice
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2025, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
