LatestIncome Tax 26 September 2026
ICICI Bank Hit with ₹16.76 Cr GST Show‑Cause Notice
ICICI Bank has been served a show‑cause notice by West Bengal’s GST department for an alleged shortfall of ₹16.76 crore. The notice, issued under Section 73 of the state GST law, demands the bank explain the discrepancy and provide required documentation, prompting a formal response.
ICICI Bank receives GST show‑cause notice
- West Bengal tax authorities issued a show‑cause notice for ₹16.76 crore GST under Section 73.
- The notice alleges discrepancies in the bank’s GST filings; ICICI Bank is expected to respond promptly.
- No impact on the bank’s operations has been reported so far.
For full details, see the original report.
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