Faces ₹10.6 Lakh Income Tax Penalty
Onward Technologies Limited · ONWARDTEC · NSE ·
• Received a penalty order of **₹10,59,664** from the Income Tax Department for the Financial Year 2019-20. • The penalty relates to the disallowance of certain expenses, which the company attributes to a retrospective change in tax law. • The company has stated it will file an a…