ज्यादा पढ़ी गई:
Pursuant to the provisions of Regulation 30 of the Listing Regulations this is to inform that the Finance (No.2) Act 2024 has withdrawn the benefit of Cost of Inflation Index and reduced the Long Term Capital Gain Tax Rate from 20% to 12.5%.As a results of the same there will be-- a reversal of Deferred Tax Asset created on Capital Assets amounting to approximately Rs.203 crore which will have a one-time non-cash impact on the Profit After Tax of the Company; and- a reversal of Deferred Tax Liability in the Balance Sheet created on revaluation of Capital Assets (IndAS transition 1 April 2016) amounting to approximately Rs.55 crore.(Note- numbers aforesaid are subject to limited review by the Auditors).We request you to take the aforementioned information on record.
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