Mahindra Holidays faces ₹363 crore tax demand from Tamil Nadu for incorrect GST reporting.

Mahindra Holidays & Resorts India Ltd received a tax demand notice for over ₹363 crore from Tamil Nadu's tax authorities, relating to incorrect reporting of IGST on club membership services for the 2018-19 financial year. The company plans to seek legal recourse, believing there will be no significant financial impact. This follows a previous demand of over ₹17.5 crore in March.