Legal31 March 2026 at 03:40 pm
Infosys Ltd. Expects ₹1,745 Crore Refund Following Assessment Orders
AI Summary
Infosys Limited has received assessment orders under Section 250 and Section 254 of the Income-tax Act, 1961 from the Income-tax Department, Government of India. The orders were received for Assessment Years 2018-19, 2017-18, 2013-14, 2019-20, 2020-21, and 2021-22. The Company expects a cumulative refund of ₹1,745 crore (including interest). The Company is currently evaluating the impact of these orders on its financial statements for the quarter and year ended March 31, 2026.
Key Highlights
- Infosys Ltd. has received assessment orders from the Income-tax Department, Government of India
- The orders are for Assessment Years 2018-19, 2017-18, 2013-14, 2019-20, 2020-21, and 2021-22
- Infosys Ltd. expects a cumulative refund of ₹1,745 crore (including interest)
- The Company is currently evaluating the impact of these orders on its financial statements for the quarter and year ended March 31, 2026