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Prakash Wollen & Synthetic Mills informs about company updates

06 Dec 2018 Evaluate

Prakash Wollen & Synthetic Mills has informed that the Commissioner of Income Tax (Appeals) vide its Appellate Order u/s 250(6) of Income Tax Act, 1961 dated November 27, 2018 received by the company on December 5, 2018, demand amounting to Rs 9.40 crores on the company (Demand by Income Tax Department) for the Assessment Year 2013-14 has been deleted. However, Income Tax Authority have right to file an appeal against the said order.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Vardhman Textiles 486.70
Welspun Living 219.20
Arvind 491.15
Raymond Lifestyle 479.30
K.P.R. Mill 1115.00
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