IRB Infrastructure Developers has informed that the Income Tax Department conducted survey under Section 133A of the Income Tax Act, 1961 at Registered Office of IRB Surat Dahisar Tollway, IDAA Infrastructure & Mhaiskar Infrastructure - wholly owned subsidiaries of the Company, to verify these companies deposit of toll collection of 8th & 9th November on 11th November, 2016 post the recent demonetisation announced by the Government of India. The Company has cooperated with them and has provided information sought by them. As the deposits were found to be in line with past toll collection, the Company do not expect any additional tax liability arising out of the survey conducted by the Income Tax Department.
The above information is a part of company’s filings submitted to BSE.
| Company Name | CMP |
|---|---|
| Larsen & Toubro | 4094.95 |
| Rail Vikas Nigam | 303.10 |
| NCC | 161.30 |
| KEC International | 580.10 |
| Kalpataru Projects | 1232.90 |
| View more.. | |
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