Infosys Receives Rs 341 Crore Tax Demand For Assessment Year 2020-21

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Infosys has received a tax demand of Rs 341 crore for assessment year 2020-21 from the Income Tax Department, the IT services company said on Monday adding it is evaluating filing an appeal against the said order. The Bengaluru-headquartered company said it is in the process of evaluating the impact of the order on its financial statements for the quarter and year ending March 31, 2024. Infosys also said it is evaluating filing an appeal against this order.

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Vidya is an accomplished news writer known for her expertise in transforming complex news stories into engaging infographics. With a sharp eye for detail and a talent for visual storytelling, Vidya makes intricate news captivating for our audience.

Vidya J S

Vidya is an accomplished news writer known for her expertise in transforming complex news stories into engaging infographics. With a sharp eye for detail and a talent for visual storytelling, Vidya makes intricate news captivating for our audience.

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