Sun Pharma Advanced Research Company Ltd has received a 'Demand Notice' under section 156 of the Income Tax, 1961 demanding the payment by the Company of a sum of Rs.27.30 crores for the Assessment year 2014-15.
The Company is contesting the demand and would file an appropriate appeal against this order under the applicable provisions of the Income Tax Act, 1961 within the stipulated period.
Shares of SUN PHARMA ADVANCED RESEARCH COMPANY LTD. was last trading in BSE at Rs.430.45 as compared to the previous close of Rs. 419.8. The total number of shares traded during the day was 55675 in over 1229 trades.
The stock hit an intraday high of Rs. 436 and intraday low of 416.5. The net turnover during the day was Rs. 23953639.