| Updated on: Dec 16, 2013

BS Ltd has informed BSE that a search & seizure operation was initiated by the Income Tax Department under the provisions of Section 132 of Income Tax Act, 1961 in the factory and office premises as well as at the residential premises of Promoter Directors of the Company on December 13, 2013. The Department Officers have sought certain information and explanations and the Company is in the process of providing the same. Further the Company has informed that, it does not expect any material tax liability to emanate out of the aforesaid Search & Seizure operation.

Source : BSE - www.bseindia.com

Published on December 16, 2013

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

This article is closed for comments.
Please Email the Editor

You May Also Like

Recommended for you