PB Fintech Subsidiary Receives ₹145.91 Crore Tax Order

PB Fintech's subsidiary Paisabazaar received CIT(A) order confirming tax disallowance of ₹145.91 crore for FY22-23.
The order upholds Assessing Officer's disallowance under Section 37 of Income Tax Act for two financial years.
Paisabazaar will file appeal against the order as it is appealable under income tax provisions.
Company states no immediate financial impact since the order is being appealed in due course.