Infosys to Get ₹6,329 Cr Tax Refund from I-T Dept

Infosys is set to receive a whopping ₹6,329 crore tax refund from the Income Tax Department. The IT giant also mentioned about tax demands amounting to ₹2,763 crore. The assessment orders cover several financial years, with Infosys now evaluating the impact on its financial statements for the ending quarter and year of March 31, 2024. The company will announce its full financial results on April 18.

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