Income tax demand of Rs 2.17 crore for Assessment Year 2016-17
EXPLEOSOL · price
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Expleo Solutions received an income tax order from the Assistant Commissioner of Income Tax, Chennai for Assessment Year 2016-17. A demand of Rs 2.17 crore was raised due to disallowance of MAT credit of Rs 80 lakh. The order was dated January 20, 2026, and received on January 23, 2026. The company stated there is no material impact on financials, operations, or other activities.
Small tax demand with no material impact on operations or financials. Likely to be contested in appeal.