Hero MotoCorp faces Rs 26.4 crore additional tax demand from India's Income Tax Department.

Hero MotoCorp, India's top two-wheeler maker, faces an additional tax demand of about Rs 26.4 crore from the Income Tax Department for the 2020-21 fiscal year. The tax demand follows a detailed examination of the company’s income tax return filed in 2020. Hero MotoCorp is reviewing the order and plans to file an appeal, considering the demand unsustainable and unlikely to impact its financial health.

January 01, 2025
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