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Edelweiss Rural and Corporate services received Rs 2 61 crore tax notice from Income Tax department

Edelweiss Rural and Corporate services received Rs 2 61 crore tax notice from Income Tax department
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Edelweiss Rural And Corporate Services Received ₹2 61 Crore Tax Notice From Income Tax Department

Edelweiss Financial Services Limited's subsidiary, Edelweiss Rural & Corporate Services Ltd., received a tax demand notice of Rs. 2.61 crores from the Income Tax Department, the company informed the exchange in its filing. The company stated that the notice, received on May 31, 2024, pertains to the assessment year 2016-17 and includes certain disallowances.

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Business News | Edelweiss Rural and Corporate Services Received Rs 2 61 Crore Tax Notice from Income Tax Department

Get latest articles and stories on Business at LatestLY. Edelweiss Financial Services Limited's subsidiary, Edelweiss Rural & Corporate Services Ltd., received a tax demand notice of Rs. 2.61 crores from the Income Tax Department, the company informed the exchange in its filing. Business News | Edelweiss Rural and Corporate Services Received Rs 2.61 Crore Tax Notice from Income Tax Department.

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Asset Reconstruction Companies not working as per their mandate to reconstruct and recover stressed assets: RBI

Asset Reconstruction Companies not working as per their mandate to reconstruct and recover stressed assets: RBI
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RBI imposes restrictions on Edelweiss Group entities over supervisory concerns

The regulator said supervisory examinations had revealed that ECL Finance and Edelweiss Asset Reconstruction Co. had engaged in a series of structured transactions aimed at evergreening the stressed exposures of ECL

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