Infosys gets demand notice of ₹341 crore from income tax department

April 2, 2024 by Pooja Gupta

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It giant Infosys said on Monday that it had been issued a tax demand of ₹341 crore by the Income Tax department for the assessment year 2020-21.

“Infosys Ltd on March 31, 2024, received order under Section 201 & 201(A) of the Income Tax Act, 1961 from the Income Tax Department, Government of India for assessment year 20-21 with a tax demand of ₹341 crores (including interest),” the company said in an exchange filing.

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Pooja Gupta

CA Pooja Gupta (CA, ISA, M.com) having 15 years of experience. Educator and Digital Creator

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