IRL 0.00% 0.2¢ india resources limited

Ann: Update on Indian tax assessment, page-2

  1. 852 Posts.
    This is great news for IRL.

    Based upon my reading of this announcement, there should not be any tax payable to the ITO as no profit has been made on the contract to date.

    Surely this should increase investor confidence in IRL.

    IMO
 
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