India Inc Q4 advance tax numbers a mixed bag

by khalid on 24/03/2010 · 0 comments

The January-March quarter (Q4 FY2010) advance tax payment numbers of top Indian firms are a mixed bag and some sectors show a healthy trend while some other sectors show a weaker trend. On the basis of these numbers India inc can expect a good growth for the year 2009-2010.

According to Government sources, the income tax department is expecting healthy advance tax payment from auto and manufacturing sector and weaker payment from foreign banks and oil marketing companies (OMCs) on a year-on-year (YoY) basis.

Here is an update:-

CompanyQ4 FY10
Rs crore
Q4 FY09
Rs crore
State Bank of India1857 1810
Dena Bank30 75
ICICI Bank350250
Central Bank of India250
Kotak Mahindra Bank 8045
Bank of Baroda 300280
Union Bank of India185353
Barclays Banks2595
Bank of Nova Scotia3650
Yes Bank7349
Reliance Industries 770365
Tata Steel513406
Bajaj Auto17760
Tata Motors115nil
Infosys 250125
Welspun Gujarat6010
Shriram Transport Finance13974
Ambuja Cement120125
ACC 330340
Castrol 4037
India Infoline207
Asian Paints6043
Bajaj Holdings3510
Sterlite Tech152
Shipping Corp1011.9
Zee Entertainment97109
LIC 864810
Shree Cements 8246
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