Dr Reddy’s Laboratory Spun off into International business while its domestic operations merged with parent entity of holding company priced at Rs 5,000 crore to make an additional Rs 2,395 crore in tax.

Dr Reddy’s Laboratories Limited, a pharmaceutical company, has received a showcause notice from the Income Tax Department, demanding a massive amount of over Rs 2,395 crore. The notice is related to the merger of Dr Reddy’s Holdings Limited (DRHL) with the...