11:48 IST
BSE
Legal & Regulatory
Panacea Biotec Legal & Regulatory
Panacea Biotec Limited received a rectified Assessment Order from the Income Tax department for AY 2015-16. The rectification successfully nullifies a previous tax demand of approximately ₹45.71 Crore, resulting in Nil tax liability. This correction of errors regarding disallowances and losses provides a significant positive financial impact for the company.
- Value
- ₹45.71 Cr