Gufic BioSciences Legal & Regulatory
Gufic Biosciences received a favorable appellate order from the Income Tax Commissioner. This order deletes an income tax demand of Rs. 4.33 Crore.
- Value
- ₹4.33 Cr
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Gufic Biosciences received a favorable appellate order from the Income Tax Commissioner. This order deletes an income tax demand of Rs. 4.33 Crore.
NSE rejected Gufic Biosciences' waiver application regarding a ₹1.72 lakh penalty for Regulation 17(1A) non-compliance. The company will pay the fine by October 03, 2026.
Gufic Biosciences received an income tax order reducing a prior demand to Rs. 11.76 Lakhs, but imposing a penalty of Rs. 23.52 Lakhs (0.24 Cr) for under-reported income. The company intends to appeal the decision before the Commissioner of Income Tax (Appeals) based on tax consultant advice.