Sanofi India tax demand of Rs 72.71 lakh for AY 2019 vacated
Sanofi India Limited received an order from the Commissioner of Income Tax (Appeals) vacating a Rs 72,71,510 tax demand for Assessment Year 2019-20. The decision follows a favourable CIT(A) ruling ending proceedings under Section 201 of the Income-tax Act on alleged non-deduction of TDS on year-end provisions.