Quess Corp Legal & Regulatory
Quess Corp paid a ₹0.02 Crore fine to stock exchanges for temporary non-compliance with NRC composition requirements. The company subsequently reconstituted the committee to ensure compliance.
- Value
- ₹0.02 Cr
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Quess Corp paid a ₹0.02 Crore fine to stock exchanges for temporary non-compliance with NRC composition requirements. The company subsequently reconstituted the committee to ensure compliance.
Quess Corp Ltd received an Income Tax order for a refund of ₹42.24 Crore, including ₹8.85 Crore in interest, for FY 2023-24. The order was issued under Section 154 of the Income-tax Act, 1961. This receipt provides a positive cash flow impact without affecting the company's core operations.
Quess Corp Ltd received an Income Tax Assessment Order for FY 2024-25, resulting in a total refund of ₹155.11 Crore. The refund consists of ₹145.65 Crore in tax and ₹9.46 Crore in interest. The company stated this has no impact on its financial or operational activities.