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Ashiana Housing Faces Tax Demand Over TDS Discrepancy

Story Highlights
  • Ashiana Housing Limited is a real estate company focused on residential projects in India.
  • The company faces a tax demand of ₹5,24,881 due to TDS issues, with no significant operational impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ashiana Housing Faces Tax Demand Over TDS Discrepancy

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Ashiana Housing Limited ( (IN:ASHIANA) ) has shared an announcement.

Ashiana Housing Limited has received a demand from the Income Tax Department, Delhi, for ₹5,24,881, including interest, due to non-deduction and non-deposit of TDS on annual lease rentals for FY 2013-14. The company is exploring legal avenues to contest the order, but it has stated that there is no significant impact on its financial or operational performance.

More about Ashiana Housing Limited

Ashiana Housing Limited operates in the real estate industry, focusing on the development of residential properties. The company is known for its housing projects and has a market focus on providing quality homes in India.

Average Trading Volume: 2,325

Technical Sentiment Signal: Hold

Current Market Cap: 30.06B INR

Learn more about ASHIANA stock on TipRanks’ Stock Analysis page.

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