FirstCry has commented, “No order of any kind has been passed, so the financial impact cannot be determined at this stage.”
FirstCry said, “No income chargeable to tax has escaped the assessment, and we have a strong case on merit.”
The recent spectacular listing of FirstCry on the bourses at over a 40 percent premium on NSE a few weeks ago was followed by a regulatory investigation.
This will add a few points to summaries, so they all appear a little more condensed.
FirstCry Gets I-T Dept Notice Over INR 80 Cr ESOP Expenses
