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Last Trade - 15/08/16

Sector
Basic Materials
Size
Micro Cap
Market Cap £n/a
Enterprise Value £n/a
Revenue £6.29m
Position in Universe th / 1901

BRIEF-India Resources says Swan Gold Mining has successfully appealed against tax assessment

Fri 4th March, 2016 12:09am
March 3 (Reuters) - India Resources Ltd  IRL.AX : 
 
 * Swan Gold Mining Limited has successfully appealed to tax tribunal against  the Indian tax office's assessment 
 * Says tax tribunal held that there was no taxable income on the basis of the circular released by the central board of direct taxes 
 * Says "assessment of a 441m inr ($9.2M) tax liability for the 2010/11  financial year" 
 * Says under the deed of appointment with Swan, Irl agreed to indemnify Swan  from all liabilities relating to the surda work order 
 * Ito has now released a draft assessment order against Swan for the 2012/13  financial year 
 
 * Source text for Eikon  ID:nASX9jHfjc  
 
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