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Yes Bank Ltd - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015
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29 Mar 2025
The Bank has received a reassessment order wherein no additional disallowances / additions are made. However, despite this, the computation sheet and the Notice of Demand issued u/s 156 of the Income Tax Act, of even date, has raised income tax demand (including interest), amounting to Rs. 2209.17 Crores, which prima facie appears to be &apos;&apos;without any basis&apos;&apos;.
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