Whalesbook
CG Power and Industrial Solutions Ltd announced it has received a final tax assessment order for Assessment Year 2018-19, resulting in a demand of ₹365.37 crore. The company, which is aggrieved by the additions and disallowances made by the Income Tax Department, plans to file appeals and seek rectification. This order pertains solely to AY18-19 and does not impact previous High Court directions regarding revised tax returns for FY15-FY20.