UpdatesGeneral Updates
MPSLTD received an income tax demand of ₹21.78 Cr for increased assessed income of ₹4.82 Cr.
MPS LimitedMPSLTD · Filed with the exchange
The company believes the demand is inflated due to incorrect tax rate, ₹6.35 Cr interest, and unconsidered ₹1.15 Cr foreign tax credit.
They are appealing and anticipate no material financial impact.
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