Infosys Limited — Important, 26-03-2025: Updates
26-03-2025 · 10:09 pm
Infosys Ltd received orders from the Income Tax Department pertaining to assessment years 2016-17 and 2019-20, leading to an expected refund of INR 2,949 crores (including interest). The company is currently evaluating the implications of these orders on its financial statements for the quarter and year ending March 31, 2025. This situation is noteworthy as it may positively impact the company's cash flow and financial position, so investors should watch closely for further developments.
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