Why Unitech ltd's Tax is higher than PBT

[gulia_max]

I was looking at their annual report 2014-15 http://www.unitechgroup.com/pdfs/unitech-limited-annual-report-2014-15.pdf

and their current tax was higher than PBT. There were no notes as well. Can someone explain how that happens?

 

[aryan.]

Intresting, I took a quick look at the annual report but could not exactly figure out why the tax is higher.

The company had lot of pending income tax disputes with the Income tax office from the previous years, it might be paying those previous taxes which is the tax expense is higher.

Clearly the management is not honest, it should have talked about it in the annual report.

Try asking investor relations of Unitech and see what they say.

 

[Einstein]

wrong thread!