Expleo Solutions Limited has informed the Exchange about Action(s) initiated or orders passed
EXPLEOSOL · price
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Awaiting price reaction for this filing.
Expleo Solutions has settled a tax dispute related to Assessment Year 2018-19 by paying Rs. 3,47,033 towards full and final settlement under the Direct Tax Vivad Se Vishwas Scheme, 2024. The Principal Commissioner of Income Tax, Chennai, issued Form 4 granting the company immunity against the disputed tax of Rs. 13,79,400. The dispute concerned professional expenses that were earlier disallowed due to non-deduction of TDS. The order was dated August 12, 2025, and received by the company on August 13, 2025. The company has stated there is no material impact on its financials, operations, or other activities.
This is a positive development as the company resolves a long-pending tax dispute at roughly one-fourth of the disputed amount and gains immunity from further action on the issue, with no material financial impact disclosed.