Zydus Lifesciences arm gets Rs 284.58 cr income tax demand notice

Zydus Lifesciences reported that its subsidiary, Zydus Healthcare Ltd, has received an income tax notice demand of Rs 284.58 crore for the assessment year 2023-2024. The demand is attributed to apparent mistakes in the processing of the return of income. Zydus Lifesciences believes that once rectifications are made, the entire demand will be deleted.

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