Goa Carbon LimitedGOACARBONImprovingMinormateriality 52 out of 100
Goa Carbon receives further tax refund determination for Assessment Year 2010-11
Businessorder win
As filed
Goa Carbon Limited has informed the Exchange regarding the further Rectification Order received from the Income Tax Department for Assessment Year 2010-11.
Why it matters
CapitSignal interpretationThe orders increase the tax refunds determined as payable to the Company, including additional interest. The Company is evaluating the appropriate course of action for its pending writ petition before the Hon'ble Bombay High Court, Goa Bench.