30 Sep 2025 | 5 Mins Read
Sula Vineyards Receives ₹6.45 Crore Tax Demand Notice
Flipitmoney
Sula Vineyards Ltd received a ₹6.45 crore tax assessment order for FY23 due to non-submission of F-Forms and C-Forms. The company doesn't see financial implications but plans to seek rectification or appeal against the assessment. In the June quarter, the winemaker reported ₹118.3 crore consolidated net revenue, down 7.9% y-o-y, as own-brand wine revenue fell 10.8%.