ImportantDisclosure of material issue
Major relief for #WebsolEnergy! 🚀 The company has successfully appealed an Income Tax demand of Rs 73.04 Cr related to FY 2016-17. This tax demand, previously disclosed as a contingent liability, has now been quashed.
Websol Energy System LimitedWEBELSOLAR · Filed with the exchange
This means Websol Energy no longer has to pay the amount, a positive development for its financials!
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