Country's largest private sector iron ore miner Sesa Goa informed that it would take all necessary legal steps in normal course to challenge the demand of income tax department to pay Rs 246 crore tax dues.
The miner, which is the subsidiary ofVedanta Resources, clarified that the tax department has not frozen bank account of the company.
The Income Tax Department had raised a demand for Rs 246 crore disallowing certain claims of the company in December 2011 during regular assessment proceedings.
The company said it has taken legal advice, which strongly supported it and hence it has made no provision against those demands.
The miner reported Rs 370.54 crore net profit in the December quarter on a revenue of Rs 2,019 crore.