Introduction The Income Tax Department recently imposed a substantial penalty totaling ₹23.07 crore on ACC Limited, one of India’s leading cement manufacturing companies currently owned by the Adani Group. This enforcement action involves two separate penalty orders pertaining to Assessment Years 2015-16 and 2018-19, both predating the company’s acquisition by the Adani conglomerate.[1] The penalties […] The post Income Tax Department Imposes ₹23 Crore Penalty on ACC Limited: A Comp...| Bhatt & Joshi Associates
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