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OYO issued tax notices for inaccurate FY17 filings: Report
short by Kanishka Pandey / on Friday, 18 January, 2019
Gurugram-based hotel startup OYO's parent Oravel Stays has reportedly been issued notices by the Income Tax Department over filing inaccurate income details for financial year 2016-17. The report said the case is linked to non-deduction of TDS (Tax Deducted at Source) on payments made by the company. OYO had also reported losses exceeding ₹400 crore in its returns for FY17.
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