Bata India Ltd ( (IN:BATAINDIA) ) has shared an update.
Bata India Ltd has disclosed a demand order from the Income Tax Department for a tax imposition due to non-deduction or short deduction of TDS on certain remittances during the financial year 2018-19. The demand, including interest liability, amounts to Rs. 43,77,568. However, Bata India believes it has a strong case to defend itself against this demand without significant financial impact.
More about Bata India Ltd
Bata India Ltd is a prominent player in the footwear industry, known for its wide range of shoes and related products. The company focuses on providing quality and affordable footwear to a diverse market, catering to various customer segments across India.
YTD Price Performance: -11.58%
Average Trading Volume: 10,480
Current Market Cap: 158.9B INR
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