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An announcement from Compucom Software Limited ( (IN:COMPUSOFT) ) is now available.
Compucom Software Limited has disclosed that it received a demand order from the Joint Commissioner of Circle-H, Jaipur II under Section 73 of the GST Act for the 2021-22 financial year, raising a total demand of Rs 17.43 lakh, including interest and penalty, linked to discrepancies between its GST returns and reported turnover. The company plans to challenge the portion of the demand related to alleged lower tax liability in its GSTR-3B/9C filings while intending to deposit the amount pertaining to turnover mismatches, and has stated that the order is not expected to have a material financial impact on its operations, signalling limited balance-sheet risk for stakeholders.
More about Compucom Software Limited
Compucom Software Limited is an India-based information technology company headquartered in Jaipur, Rajasthan. The company operates in the software and IT services industry, providing technology-driven solutions and services to clients in both domestic and potentially international markets, and is listed on the BSE and NSE under the symbols 532339 and COMPUSOFT, respectively.
Average Trading Volume: 3,981
Technical Sentiment Signal: Sell
Current Market Cap: 1.3B INR
For an in-depth examination of COMPUSOFT stock, go to TipRanks’ Overview page.