30-Sept-2026 17:00:18
LE TRAVENUES TECHNOLOGY LIMITED RECEIVES SHOW CAUSE NOTICE
• Company received a show cause notice on September 29, 2026, from the Assistant Commissioner of Commercial Taxes alleging contravention of KGST/CGST Act, 2017 and IGST Act, 2017. • The notice pertains to FY 2022-23 and alleges the company did not declare correct tax liability, seeking differential tax with interest and penalty. • The proposed demand aggregates to ₹237,950,666/-, comprising tax of ₹137,543,738/-, interest of ₹86,652,554/-, and penalty of ₹13,754,374/- • The company believes it has a strong case, citing a similar notice for FY 2021-22 which was dropped by the authority after submissions. • The company will, in consultation with tax advisors, submit a comprehensive response to contest the notice.
Le Travenues Technology Limited
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