L&T Faces Income Tax Penalty of Rs. 4.69 Crores for AY 2020-21 June 1, 2024, 5:10 p.m. The Income Tax Department has imposed a penalty of Rs. 4.69 Crores on L&T related to tax proceedings for the AY 2020-21 of its subsidiary.L&T disagrees with the levy and plan… Unlock the Full Filing And Lot More Access premium insights and stay ahead of the market with Dzambhala Pro. Learn More