April 26, 2017 01:44 am | Updated 05:19 pm IST - New Delhi
₹24,646-cr. tax notice slapped on Aamby Valley
The Income Tax department has issued a ₹24,646 crore tax notice to Sahara Group’s Aamby Valley Limited (AVL) after a special audit of the company. The department found that an income of
over ₹48,000 crore for a particular assessment year was allegedly not reflected in the books. Hence, it raised a fresh tax demand and penalty amount on it. PTI
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