ALFA Filings
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Arkade Developers received a Rs 0.14 Crore GST demand for FY 2022-23. The company is evaluating legal options and plans to file an appeal.
Arkade Developers Limited received an order imposing a Rs 1.15 Crore tax demand and Rs 0.11 Crore penalty (totaling ₹1.26 Crore) from GST authorities. The demand relates to disallowed Input Tax Credit for FY 2019-20 to FY 2021-22. The company states there is no material financial impact and is considering filing an appeal.