With this recent tax notification, Delta Corp's cumulative tax shortfall obligation has now reached a significant sum of Rs 23,206 crore, a stark contrast to its market capitalisation of Rs 3,749 crore.
On September 22, it had directly received a tax notice of Rs 11,140 crore. The other notice, for Rs 5,682 crore had been raised against three of its subsidiaries Casino Deltin Denzong, Highstreet Cruises and Delta Pleasure Cruises