KNR Constructions LimitedKNRCONImprovingMinormateriality 55 out of 100
Income tax appeals order deletes Rs. 9,35,44,336 penalty for AY 2021-22
Businessorder win
As filed
KNR Constructions Limited has informed the Exchange regarding 'Receipt of order - Commissioner of Income tax'.
Why it matters
CapitSignal interpretationThe order removes the stated income tax penalty exposure for AY 2021-22. However, the company has reported the impact on its financial, operational and other activities as nil.