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Malaysian Township

Income tax dept issues notice to Swarnandhra

Income tax dept issues notice to Swarnandhra
Income-Tax department officials will issue a fresh ‘Property Attachment Notice’ to the Swarnandhra IJMI Integrated Township Development Company Pvt. Ltd. properties at Kukatpally. As sources say, this is an outcome of the developer’s failure to pay a total of Rs 66.59 crore corporate tax. V.V. Rao, Malaysian Township Owners’ Association member, said that the income [...] Continue Reading »

Residents of Malaysian Township oppose I-T orders

Residents of Malaysian Township oppose I-T orders
The residents of the Malaysian Township project in Hyderabad are enraged by the attachment notice issued by the local Income Tax (I-T) department on 13th of June. The department issued an attachment order on the developer of the township, Swarnandhra-IJMII Integrated Township Development Company Pvt Ltd (SITCO), for nonpayment of tax of Rs 54 crore. [...] Continue Reading »



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