WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM ...

WABCO-TVS (INDIA) LIMITED INFORMATION MEMORANDUM
B. Indian Promoter group companies
1. SUNDARAM-CLAYTON LIMITED
There are disputed liabilities in respect of appeals filed by or against the
company in various forums as detailed below:
Particulars Forum where disputes are Disputed amount
pending
Rs. in lakhs
Fee payable under the Tamil Nadu
Town and Country Planning Act,
1971
The High Court of Madras 57.75
The Tamilnadu Tax on Consumption
or Sale of Electricity Act, 2003
The High Court of Madras
3.19
Income-tax Act, 1961 Commissioner (Appeals) 14.61
Central Excise Act, 1944 CESTAT 5.60
Service Tax Act, 1994 CESTAT 4.66
Service Tax Act, 1994 Commissioner (Appeals) 44.15
2. SUNDRAM FASTENERS LIMITED
There are disputed liabilities in respect of appeals filed by or against the
company in various forums as detailed below:
Particulars Forum where disputes are pending Disputed amount
Rs.in lakhs
Income Tax Commissioner of Income tax-Appeals 12.25
Central Excise Quasi Judicial authorities 38.43
Central Excise CESTAT 708.50
Sales tax Commercial tax officer 0.03
3. WHEELS INDIA LIMITED
There are no disputed liabilities in respect of any statutory due like Incometax,
Wealth-tax, Service tax, Customs, Value Added Tax and Cess.
4. TVS SRICHAKRA LIMITED
There are disputed liabilities in respect of appeals filed by or against the
company in various forums as detailed below:
Particulars Forum where disputes are pending Disputed amount
Rs. in lakhs
Sales tax Appellate Tribunal 0.82
Sales tax Commissioner / Asst.Commissioner 4.23
Sales tax High Court 21.72
Sales tax Assessing Officer 6.84
Central
Excise
Commissioner / Asst.Commissioner 76.08
Central
Excise
Appellate Tribunal 158.00
5. SUNDARAM BRAKE LININGS LIMITED
There are disputed liabilities in respect of appeals filed by or against the
company in various forums as detailed below:
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