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Bombay High Court Annual Digest 2023: Part II

Nominal Index [Citation 301 – 619]Bina Saxena w/o Late Ravendra Kumar Saxena v. Union of India 2023 LiveLaw (Bom) 301Hemant Dhirajlal Banker v. State of Maharashtra 2023 LiveLaw (Bom) 302CIT v. M/s.

Zydus Lifesciences falls after Rs 285-crore tax notice to subsidiary

Zydus Life subsidiary gets Income Tax demand of Rs 280 cr

ZHL does not expect the said intimation to have any material financial impact as the above-mentioned adjustments are not sustainable in law and are wholly defendable on the facts of the case, the company added

Zydus Lifesciences: Zydus Lifesciences arm gets Rs 284 58 cr income tax demand notice

Zydus Lifesciences reported that its subsidiary, Zydus Healthcare Ltd, has received an income tax notice demand of Rs 284.58 crore for the assessment year 2023-2024. The demand is attributed to apparent mistakes in the processing of the return of income. Zydus Lifesciences believes that once rectifications are made, the entire demand will be deleted.

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