Delta Corp soars over 8% as Bombay HC restrains GST tax notice for firm
1 year, 2 months ago

Delta Corp soars over 8% as Bombay HC restrains GST tax notice for firm

Live Mint  

Shares of Delta Corp surged over 8 percent on Wednesday after the Bombay High Court restrained tax authorities from passing any final order on the ₹16,195-crore GST notice issued to the Casino operator. On September 25, Delta Corp received a notice for a tax shortfall of ₹11,140 crore, whereas, its subsidiaries were issued notices for an amount totalling ₹5,682 crore. Delta Corp also received fresh notices of alleged shortfall in the payment of GST to the tune of ₹6,384 crore, as per a regulatory filing made by the casino chain operator on October 14. Delta Corp operates casinos, as well is present in the online gaming space through its subsidiary Deltatech Gaming.Earlier, the Sikkim High Court on October 20 directed to maintain status quo until the next hearing.

History of this topic

Q3 Results Impact: Delta Corp shares slide 5%, near 52-week low on weak Q3FY25 earnings
Trending News
1 day ago
Supreme Court relief to online gaming companies on GST issue
4 days, 7 hours ago
Delta Corp shares surge 7% after SC stays show cause notice up to ₹1.1 lakh crore until March 17
5 days, 1 hour ago
Bombay High Court Restrains GST Dept. From Passing Final Order On Demand Notices Against Delta Corp.
1 year, 2 months ago
Siemens files writ petition at Bombay HC challenging GST show cause notice
1 year, 2 months ago
Sikkim High Court Stays GST Show Cause Notice Against Casino And Online Gaming Company, Delta Corp.
1 year, 2 months ago
Delta Corp shares hit 52-week low as company’s subsidiary receives GST notice
1 year, 2 months ago
Delta Corp gets another GST shortfall notice of ₹6,384 crore
1 year, 3 months ago
Delta Corp shares rally over 4% after Q2 results
1 year, 3 months ago
Delta Corp shares in focus after GST Council clears 28% tax on online gaming
1 year, 6 months ago

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