Receipt of Assessment Order and Tax Demand Notice for Material Subsidiary
As filed · Antony Waste Handling Cell Limited has informed the Exchange about the receipt of Assessment Order and Tax Demand Notice for Material Subsidiary
What happened
FactAntony Waste Handling Cell Limited has informed the Exchange about the receipt of Assessment Order and Tax Demand Notice for Material Subsidiary. Intimation regarding the receipt of Assessment Order and Tax Demand Notice for Material. material subsidiary company, is in receipt of assessment order u/s 147 and tax demand notice.
Why it matters
CapitSignal interpretationA tax demand is a contingent claim on cash: it either becomes a payment, or an appeal that ties up management attention and often a deposit.
What management said before
Prior statements by this company that CapitSignal has recorded changing.
Demand
DelayedSo, it will be not be wrong to assume that in the current year, we would be doing about Rs.18 crores to Rs.20 crores on the C&D business.
So maybe by second quarter onwards, there will be a slight uptick in the numbers because post monsoon is where you'll see a lot of action happening at the ground level.
Change
FactImplication
CapitSignal interpretationWatch next
Fact- Whether the company is appealing
- Amount deposited pending appeal
- Whether it is provided for in the accounts
- Yes. So, it's normally spread between 40, 60 kind of a ratio in year 1 and year 2 and that should be... (management committed by FY27)
- So, it will be not be wrong to assume that in the current year, we would be doing about Rs.18 crores to Rs.20 (management committed by FY26)
Evidence
- Antony Waste Handling Cell Limited has informed the Exchange about the receipt of Assessment Order and Tax Demand Notice for Material Subsidiary(opens the original filing in a new tab)
- Earlier statement · FY26
- Latest statement · FY26
- Earlier statement · FY26
How CapitSignal classified this
- Reasoning:
- TAX_DEMAND base 62; +2 corroborating keywords; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 90%