Siemens Hit with Rs 29.4 Crore Tax Demand from Income Tax Department

Last updated: 02 September 2024

Technology giant Siemens Ltd announced on Friday, August 30, that it has received a new tax demand order from the Deputy Commissioner of Income Tax, Circle 8(2)(1), amounting to approximately ₹29.4 crore. This demand was disclosed in a stock exchange filing, where the company stated that the order w

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