Maruti gets Rs 5,786 cr income tax order

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New Delhi, March 17: Maruti Suzuki India (MSI) on Tuesday said it has received a draft assessment order worth Rs 5,786.4 crore from the income tax authority and the company will challenge the order.
“The company has received a Draft Assessment Order for FY 2022 â?” 23 wherein certain additions / disallowances amounting to Rs 57,864 million with respect to returned income has been proposed,” the carmaker said in a BSE filing.
MSI will file its objections before the dispute resolution panel, it stated.
Maruti Suzuki shares settled at Rs 12,993.55 apiece, up 1.88 per cent on BSE. (PTI)

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