ALFA Filings
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7 announcements with these filters
ICICI Lombard received an IRDAI order levying a ₹1 Crore penalty for outsourcing non-compliance. The company states no operational impact beyond the stated penalty.
ICICI Lombard received orders from the Hyderabad GST Commissionerate confirming a total demand of ₹3.45 Crore. The company intends to appeal against these orders.
ICICI Lombard reported an erroneous adjustment of a ₹96.96 Crore tax refund against an old demand. The company will initiate legal action to contest this action.
ICICI Lombard received an arbitration award to pay Rs. 77.67 Crore plus interest to an insured party. The company is evaluating legal remedies accordingly.
ICICI Lombard received an appellate order confirming a GST demand, interest, and penalty totaling ₹0.20 Crore. The company intends to appeal this order.
ICICI Lombard received CESTAT orders confirming appeals against service tax demands were allowed. This reduces the company's contingent liability by the demand amounts.
ICICI Lombard received an appellate order reducing its GST-related liabilities to ₹3.78 Crore (₹0.72 Crore interest and ₹3.06 Crore penalty) for April 2018–May 2019. This is a downward revision from the original ₹7.26 Crore demand. The company plans to evaluate further legal actions or appeals against this order.