Kalpataru Legal & Regulatory
Kalpataru Limited's subsidiary, Ananta Landmarks Private Limited, received a Rs. 14.00 Crore GST show cause notice. The company intends to contest the demand for FY 2022-23.
- Value
- ₹14.00 Cr
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Kalpataru Limited's subsidiary, Ananta Landmarks Private Limited, received a Rs. 14.00 Crore GST show cause notice. The company intends to contest the demand for FY 2022-23.
Kalpataru's subsidiary Abacus Real Estate faces a GST appeal for Rs.13.57 Crore tax demand at the Appellate Tribunal. The company states no material financial impact on operations.
Kalpataru's subsidiary Abacus faces a GST Appellate Tribunal challenge to a favorable order on a Rs.1.36 Crore demand. The company states no material financial impact is expected.
Kalpataru Limited informed the Exchange of a Supreme Court stay regarding a Rs.63.49 crore MSEDCL demand on its subsidiary, Kalpataru Retail Ventures Limited.
The Supreme Court stayed a High Court order requiring Kalpataru Retail Ventures Ltd. to deposit funds to MSEDCL. No adverse action will be taken against the subsidiary.
Kalpataru's subsidiary received a Rs.63.49 crore assessment order from MSEDCL regarding electricity violations. The Bombay High Court directed a 50% deposit pending further legal proceedings.
Kalpataru subsidiary Abacus Real Estate's income tax appeal was dismissed. The CIT(A) sustained a total tax demand of Rs. 15.44 crore for AY 2013-14.
Kalpataru's subsidiary Abacus received a Rs.9.20 crore tax demand order. The company plans to contest the order, stating it has no material financial impact.
DCIT has appealed against CIT(A) orders for Agile Real Estate Pvt Ltd for two assessment years. The subsidiary will contest the appeals, with no immediate financial impact stated.
Kalpataru's subsidiary received a GST appellate order imposing a ₹4.01 Crore demand for FY2021-22. The company plans to appeal, citing no material financial impact.