Max Financial Services pays Rs 123.78 crore to settle tax dispute under Vivad Se Vishwas scheme

“The settlement was finalized with the Principal Commissioner of Income Tax-1, Jalandhar earlier this month and due taxes have been remitted,” the company said in a statement. “The payment also clears a tax dues contingent liability that has been reported on the company’s books for the past two decades,” the company added.

from Banking/Finance-Industry-Economic Times https://ift.tt/2T0ZBje