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flag Tata Capital faces a ₹413 crore tax demand for 2017-18, disputing it as a calculation error.

flag Tata Capital has been issued a tax reassessment notice for ₹413.18 crore by Mumbai tax authorities for the 2017-18 fiscal year, including ₹202.72 crore in interest, due to alleged underreporting of tax credits. flag The company disputes the demand, attributing it to a computational error where ₹225.89 crore in taxes paid by a merged predecessor entity were not properly credited. flag Tata Capital plans to appeal, calling the demand unsustainable and asserting it will not affect its financials or operations.

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