StockWatch
·
IT Enabled Services
Tax & Penalty1 Jul 2026, 12:19 pm

Digitide Solutions Receives ₹19.76 Cr Income Tax Refund

AI Summary

Digitide Solutions Ltd has announced receiving an intimation from the Centralized Processing Center (CPC), Income Tax Department, Bengaluru, for a refund of ₹19.76 crores. This refund, pertaining to Assessment Year 2025-26, comprises a tax refund of ₹18.38 crores and an interest component of ₹1.38 crores. The company received this intimation on June 30, 2026, at 07:35 PM. Digitide Solutions has stated that this development has no impact on its financial, operational, or other activities. Further details are available on the company's website.

Key Highlights

  • Received income tax refund of ₹19.76 crores.
  • Refund includes ₹18.38 crores tax and ₹1.38 crores interest.
  • Intimation received from Income Tax Department, Bengaluru.
  • No impact on company's financial or operational activities.
  • Applicable for Assessment Year 2025-26.