Kokuyo Camlin MAT Section 115JB Issue

Kokuyo Camlin Receives Rs 162.97 Crore Income Tax Demand Kokuyo Camlin, one of the oldest stationery companies, has recently issued a regulatory filing informing the receipt of an Income Tax Assessment Order raising a heavy demand of over Rs 162 crore. Background of the Case The matter is related to Assessment Year 2018-19, for which…