Corporate DisclosureINTECH

INTECH Corporate Disclosure — 28 October 2024

Published
Last verified by BullBD

Announcement summary

What happened
INTECH published a corporate disclosure on 28 October 2024. Read the full announcement for details.
Company
Intech Limited
Announcement published

Original announcement

(Continuation news of INTECH): it led to a significant reduction in liabilities and acquire of an interest waiver Taka 14,646,455.00, which is the result of negotiations with creditors. As per Income Tax Act 2023 Under Section 67 Subsection 9, the interest waiver is recognized as business Income which increased in income for the year. It's essential to note that these events are likely to be one-time occurrences and may not be reflective of the company's ongoing operational performance. (end)

বাংলা অনুবাদ — BullBD

This is a BullBD translation of the published corporate disclosure.

(INTECH-এর ধারাবাহিক সংবাদ): এটি দায়গুলিকে উল্লেখযোগ্যভাবে হ্রাস করেছে এবং 14,646,455.00 টাকা সুদ মওকুফ অর্জন করেছে, যা ঋণদাতাদের সাথে আলোচনার ফলাফল। আয়কর আইন 2023 অনুসারে ধারা 67 উপধারা 9 এর অধীনে, সুদ মওকুফ ব্যবসায়িক আয় হিসাবে স্বীকৃত যা বছরে আয় বৃদ্ধি পেয়েছে। এটা মনে রাখা অপরিহার্য যে এই ইভেন্টগুলি এক-সময়ের ঘটনা হতে পারে এবং কোম্পানির চলমান কর্মক্ষমতার প্রতিফলন নাও হতে পারে। (শেষ)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
671f0a609f31fb035f07b63b
Original publication
Last verified by BullBD
Translation
BullBD
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