ALFA Filings
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Bombay Dyeing received a GST Show Cause Notice for ₹4.84 Crore regarding FY 2020-21. This tax demand covers infrastructure charges, interest, and penalties.
Supreme Court issued notice on SEBI's appeal against a SAT order favoring Bombay Dyeing. No stay was granted, and the company must file a reply.
SEBI has challenged a SAT order that previously favored Bombay Dyeing. The company is consulting legal advisors to defend its compliance position in ongoing proceedings.
Bombay Dyeing received an Income Tax Assessment Order for AY 2023-24, raising a tax demand of ₹0.02 Crore. While taxable income was enhanced by ₹574.35 Crore due to transfer pricing and expense adjustments, it was offset against available tax losses. The company is evaluating legal remedies.