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

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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Published: 01 Apr 2024, 09:22 PM IST