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nfosys | Tax Orders – Infosys Ltd received tax orders from the Indian government, expecting a refund of INR 6,329 crores for certain years. – They also received tax demands totaling INR 2,767 crores for other years. Subsidiaries got tax orders totaling INR 277 crores. They’re assessing the impact and considering appeals. – Additionally, a subsidiary got refunds totaling INR 14 crores. These orders exceed materiality criteria and are disclosed for transparency

By earn Apr 1, 2024 #market
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nfosys | Tax Orders

– Infosys Ltd received tax orders from the Indian government, expecting a refund of INR 6,329 crores for certain years.
– They also received tax demands totaling INR 2,767 crores for other years. Subsidiaries got tax orders totaling INR 277 crores. They're assessing the impact and considering appeals.
– Additionally, a subsidiary got refunds totaling INR 14 crores. These orders exceed materiality criteria and are disclosed for transparency

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