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Thomas Cook (India) Limited ( (IN:THOMASCOOK) ) has issued an update.
Thomas Cook (India) Limited has received an order from the Office of the Deputy Commissioner of Income Tax, Circle 1(3)(1), Mumbai, resolving a pending tax demand of Rs. 159.5 million related to assessment year 2018-19 under Section 143(3) read with Section 254 of the Income-tax Act, 1961. The company has disclosed that the resolution of this demand will have no impact on its financial, operational or other activities, and has notified the stock exchanges and updated the information on its website in line with SEBI Listing Regulations disclosure requirements.
More about Thomas Cook (India) Limited
Thomas Cook (India) Limited is a listed Indian travel and financial services company, with its shares traded on BSE and the National Stock Exchange under the ticker THOMASCOOK. The company operates in the travel, tourism and related services sector, and is subject to Indian securities and tax regulations given its status as a publicly listed entity.
Average Trading Volume: 66,509
Technical Sentiment Signal: Sell
Current Market Cap: 44.17B INR
For detailed information about THOMASCOOK stock, go to TipRanks’ Stock Analysis page.