3i Infotech Limited has informed the Exchange about Action(s) taken or orders passed
3IINFOLTD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
3i Infotech has informed exchanges that the Commissioner of Income-tax (Appeals) has dismissed its appeal as infructuous under the Direct Tax Vivad se Vishwas Scheme, 2024, for statistical purposes. This appeal was linked to the final order from the Principal Commissioner of Income Tax dated April 17, 2025, for Assessment Year 2021–22, which had already resulted in a refund of ₹4.49 lakhs to the company. The original assessment proceedings were thus effectively concluded with a favourable outcome for the company, and this latest order simply closes the appeal route under the government's tax dispute resolution scheme.
This is a procedural closure of an already-settled income tax matter and is neutral to mildly positive for shareholders — the company received a small refund rather than any tax demand, and no further liability arises from this appeal being dismissed.