Satyam get I-T notice to audit accounts for '03 & '08
By siliconindia   |   Tuesday, 28 December 2010, 23:46 IST
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Satyam get I-T notice to audit accounts for '03 & '08
Bangalore: Satyam computers, one of the leading global IT Business Consulting services company has said that it has received a letter from India's tax department requesting it to get its accounts audited for the tax assessment years of 2002-2003 and 2007-2008. The details of the letter are unavailable. Earlier the department was seeking tax amounting to 5.03 billion rupees ($111.5 million) for the five-year period between the financial year 2003 and 2008. Whereas Satyam said it had filed a petition with the Central Board of Direct Taxes asking it to stay the tax collection.

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