Archive · 3 Sep 2025
Prestige Estates Arm Receives ₹161 Crore GST Notice in Hyderabad
A company named Prestige Estates, or part of it, got a notice from the government.
This notice is like a warning that they might owe taxes.
The government thinks the company didn't pay enough Goods and Services Tax, or GST, between February 2020 and March 2024.
The amount in question is a large sum, ₹161 crore.
The company's stock price slightly increased on the stock exchange, despite the notice.
An arm of Prestige Estates Projects Limited received a show-cause notice.
The notice is related to Goods and Services Tax (GST).
The alleged issue is non-payment or short-payment of GST.
The period covered by the notice is February 2020 - March 2024.
The value of the notice is ₹161 crore.
- Who
- An arm of Prestige Estates Projects Limited
- What
- Received a show-cause notice for alleged GST dues.
- When
- The notice covers the period from February 2020 to March 2024.
- Where
- Hyderabad
- Why
- Alleged non-payment or short-payment of GST and non-reversal of input tax credit.
Prestige Estates
Tax Authority
Tax Dues
Prestige Estates
Potentially disputing or addressing the tax notice.
Tax Authority
Assessing tax dues and issuing a show-cause notice.
- Company
- Prestige Estates Projects Limited (arm)
- Notice Type
- Show-cause
- Amount
- ₹161 crore
- Allegation
- Non-payment/short-payment of GST; Non-reversal of input tax credit
- Period
- February 2020 - March 2024
- Location
- Hyderabad
- Stock Price
- ₹1,588.70 (up ₹23.10 or 1.48%)
