lic gets penalty notice

LIC Gets Penalty Notice of Rs 84 Crore from Income Tax Department

4 October 2023 by Adv Aditya Narayan

LIC has received Income Tax notices for three different assessment years viz., 2012-13, 2018-19 and 2019-20 with the total penalty amounting to over Rs 84.02 crore. Life Insurance Corporation (LIC) on Tuesday said that the Income Tax Department has demanded …

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