News From Press LIC gets IT demand notices worth Rs 3,529 crore

LIC gets IT demand notices worth Rs 3,529 crore

Source: PTI/ET Jan 12, 2024

New Delhi: Life Insurance Corporation of India (LIC) on Thursday said tax authorities have slapped two demand notices aggregating to about Rs 3,529 crore on it. The corporation has received orders from Income Tax authorities regarding Income Tax demand issued by Assistant Commissioner of Income Tax, Mumbai, LIC said in a regulatory filing.

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