IDBI Bank Faces Rs 2.97 Crore GST Demand Order for Alleged Tax Credit Misuse

Last updated: 08 May 2024

In a recent development, IDBI Bank revealed that it has been slapped with a GST demand order totaling Rs 2.97 crore, inclusive of interest and penalties. The demand order, issued by the Dehradoon state tax department, alleges the bank of excessive availment of input tax credit (ITC) during the fisca
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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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