ALFA Filings
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Himatsingka Seide Limited updated investors on ongoing transfer pricing litigation involving Rs. 6.90 crore. The company plans to appeal a High Court order in the Supreme Court.
Himatsingka Seide Limited announced that the Income Tax Appellate Tribunal dismissed an appeal filed by the Revenue for AY 2009-10. The ruling deleted tax additions worth ₹5.85 Crore related to transfer pricing adjustments. This favorable outcome concludes a long-standing dispute concerning corporate guarantees and subsidiary investments.