Cipla gets Rs 773 crore demand notice from IT Department

Pharmaceutical giant Cipla has disclosed that it has received a demand notice amounting to Rs 773.44 crore from the Income Tax Department. The notice pertains to the assessment years spanning from 2015-16 to 2022-23.

The Rs 773.44-crore demand excludes any refund in any of the above-mentioned assessment years, the Company stated in a BSE filing.