ALFA Filings
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Jubilant Pharmova Limited received a GST show cause notice proposing a demand of ₹87.31 Crore. The demand includes tax, interest, and penalties for FY 2022-2023.
Jubilant Pharmova's subsidiary received a GST show-cause notice for Rs. 105.50 Crore. The company is contesting the demand involving GST and an equal penalty.
Jubilant Pharmova received a rectification order deleting a Rs. 22.10 crore tax demand for AY 2020-21. Separate appeals on other grounds remain pending before ITAT.
Jubilant Pharmova received a tax rectification order disallowing Rs.53.37 Crore in brought forward losses. The company intends to appeal the decision.
Jubilant Pharmova's subsidiary received a tax rectification order reducing adjustments to ₹42.41 Crore. This provides a tax relief of ₹65.48 Crore.
Jubilant Pharmova's subsidiary received a Rs. 107.89 Crore income tax demand order. The company intends to appeal, anticipating no material financial impact post-adjudication.