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Underpayment

Underpayment is the act of paying less tax than what is legally owed to the government. It can result in demands for the unpaid amount plus penalties and interest.

Why it’s in the news: ideaForge is in the news due to a ₹109 crore GST demand and penalty for alleged tax underpayment.

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Latest on Underpayment

  • ideaForge Faces ₹109 Cr GST Demand, Penalty Over Alleged Tax Underpayment

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2 entities linked to Underpayment across the news graph.

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Penalty Over Alleged TaxFaces
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