US EditionBlackbuck Hit with INR 28.56 Lakh Tax Demand for FY18, Set to Appeal
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Blackbuck Hit with INR 28.56 Lakh Tax Demand for FY18, Set to Appeal
On July 8, listed logistics startup BlackBuck announced that the Income Tax (IT) Department has sent it a tax demand notice for INR 28.55 Lakh. The company stated in a statement with the exchanges that the July 7 tax notice was sent because certain expenses that qualified for tax deducted at source (TDS) had not been taxed.The company claims that the tax demand, which included taxes, was made by the Bengaluru office of the Assistant Commissioner…
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