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The Calcutta High Court has granted interim relief to Delta Corp s Deltatech Gaming Ltd in a Rs 6,384 crore goods and service tax (GST) demand case. The court directed that no effect shall be given to any order passed by the Tax Authority in relation to the show cause notice for the above demand without the leave of the High Court. ....
Delta Corp s total tax shortfall liability now stands at Rs 23,206 crore, way higher than than the casino company s market capitalisation of Rs 3,749 crore ....
Deltatech Gaming Ltd, a subsidiary of casino operator Delta Corp, has received a goods and service tax (GST) shortfall notice worth Rs 6,384 crore from the Directorate General of GST Intelligence. The notice claims tax payment shortfalls of Rs 6,237 crore for the period January 2018 to November 2022 and Rs 148 crore between July 2017 to October 2022. ....
The IPO comprises fresh issue of equity shares worth up to Rs 300 crore and an offer-for-sale (OFS) of Rs 250 crore by promoter Delta Corp Limited, according to the Draft Red Herring Prospectus (DRHP). ....