Waiting to hear what the company has to say about the income tax findings but it always amazes me how promoters don’t think about the larger picture. In trying to save a bit they lose so much more in wealth destruction. Do they think they won’t get caught? It makes ‘somewhat sense’ from a promoter’s perspective if the company is not doing well and cooking the books but here they seem to be underreporting if anything. Just ridiculous for a company with this kind of market cap.
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