Fusion Finance LimitedFUSIONNSE
Company is in receipt of intimation of Income tax appeal (Form 36) filed by Income tax officer before Income…
As filed · The Company is in receipt of intimation of Income tax appeal (Form 36) filed by Income tax officer before Income Tax Appellate Tribunal, New Delhi (ITAT).
RegulatoryWatchMinormateriality 56 out of 100
What happened
FactThe Company is in receipt of intimation of Income tax appeal (Form 36) filed by Income tax officer before Income Tax Appellate Tribunal, New Delhi (ITAT). tax appeal (Form 36) filed by Income tax officer with Income Tax Appellate Tribunal, New Delhi (ITAT). For Fusion Finance Limited.
Why it matters
CapitSignal interpretationLitigation creates a contingent liability that is not in reported profit until it crystallises.
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Fact- Amount claimed against the company
- Whether a provision has been made
- Next hearing or order date
Evidence
How CapitSignal classified this
- Reasoning:
- LITIGATION base 56; matched on subject
- Matched on:
- the filing's own subject line
- Confidence in the event type:
- 75%