Innovision Limited has secured a significant contract with the National Highways Authority of India (NHAI). **The Issue:** The company has been appointed as the user fee collection agency and will also manage the upkeep and maintenance of toilet blocks along the Bahraich Bypass-Rupadiha Section of NH-28C in Uttar Pradesh. **Possible...
Innovision Limited has received an order from the Additional Commissioner, CBIC, demanding recovery of tax and penalty totaling Rs 20.98 Cr. This is due to a dispute raised by the department in filed GSTR returns for FY 2019-20 and FY 2023-24. The company is currently evaluating the order and plans...
Innovision Limited received an order for recovery of tax & penalty totalling Rs 20.98 Cr for the period April 2019-March 2024 due to disputes in filed GSTR returns. **Possible Impact:** The company is evaluating the order. While they believe the demand is not sustainable and will not materially impact financials...
