Infosys Limited has announced that it expects a cumulative tax refund of ₹1,745 crore, including interest, following the receipt of assessment orders from the Income-tax Department, Government of India. The orders pertain to several assessment years, specifically 2018-19 and 2017-18, received on March 26 and March 27, 2026, respectively, and 2013-14, 2019-20, 2020-21, and 2021-22, received on March 31, 2026.
The company is currently in the process of evaluating the impact of these assessment orders on its financial statements for the quarter and the year ending March 31, 2026. This development is significant for Infosys as it could potentially enhance the company’s financial position with the anticipated refund.
Infosys has assured stakeholders that this information will be made available on the company’s official website, ensuring transparency and easy access for interested parties.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).