Thursday, August 8, 2024

BANKING

Bajaj Finance received a show cause notice from the Directorate General of Goods and Services Tax Intelligence for alleged GST evasion amounting to ₹341 crore. The notice accused the company of misclassifying service charges as interest to avail tax benefits. This investigation began after an inspection in Kerala, revealing possible misclassifications in their GST filings.

from Banking/Finance-Industry-Economic Times https://ift.tt/np5Zugd
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