Sri Lotus Developers and Realty Legal & Regulatory
Sri Lotus Developers corrected its August 14, 2026 intimation, clarifying that it filed an "Appeal," not a "writ petition," challenging a State Tax order.
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Sri Lotus Developers corrected its August 14, 2026 intimation, clarifying that it filed an "Appeal," not a "writ petition," challenging a State Tax order.
Sri Lotus Developers filed a writ petition challenging a GST demand of approximately ₹10 Crore, following a previous tax order. The company contests this liability.
Sri Lotus Developers and Realty Limited received a GST Show Cause Notice involving an alleged liability of approximately ₹10.00 Crore including tax, interest, and penalty for FY 2020-21 to 2023-24. The company has paid the tax component under protest and intends to contest the allegations before the appropriate authority.