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Meanwhile, Maruti Suzuki India Ltd. is grappling with a Rs 2,160 crore ($291 million) draft assessment order from the Income Tax authority for the fiscal year 2019–20. Delta Corp., has been slapped with an enormous Rs 16,821 crore ($2.27 billion) GST demand based on gross casino game bets.
Additionally, Dream 11 is facing a Rs 1,222.7 crore ($165 million) GST demand for fiscal years 2018 and 2019. ICICI Lombard General Insurance Co. is also navigating through issues related to salvage adjusted and ineligible input tax credit.
This wave of tax demands highlights the stringent scrutiny Indian companies are currently facing from various tax authorities in the country.
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