CRISIL

received a reassessment order from the Income Tax Authority for AY 2017-18

received a reassessment order from the Income Tax Authority for AY 2017-18, resulting in a demand of ₹121.20 crore. The Assessing Officer acknowledged no income escapement but made incorrect tax computations due to unwarranted adjustments and lacking tax credit, prompting CRISIL to file a rectification application and appeal against the order.