FMCG major Hindustan Unilever received an assessment order pertaining to FY21, and a notice of demand of ₹1,986.25 crore by the Income Tax Department. The assessment order involves transfer pricing adjustments, including disallowance of payments to related parties and challenges to corporate tax depreciation claims. Firm said order won't have any material impact on its financials and operations.
short by
Shristi Acharya /
10:55 pm on
31 Oct