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Infosys misused input tax credits to pay ₹3 cr less taxes: Report
short by / on Sunday, 1 September, 2024
Infosys has been hit with a Rs 3 crore penalty notice from the Deputy Commissioner of Commercial Taxes in Bengaluru for alleged tax discrepancies related to the 2019-20 financial year. While the company has assured that this penalty won't materially impact its financials or operations, it highlights ongoing scrutiny by tax authorities over Infosys' tax practices.
read more at Trak.in