Infosys Limited has informed the Exchange about General Updates
INFY · price
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Infosys has received a demand notice from the Deputy Commissioner of Commercial Taxes for a total penalty of ₹7,49,10,389 (about ₹7.49 crore). The demand relates to alleged issues for FY 2021-22, including non-realization or delay in realization of export proceeds, ineligible Input Tax Credit (ITC) claims, and other matters involving Reverse Charge Mechanism, import of services, sale of investments, staff welfare expenses, and export write-offs. The order was passed and communicated to the company on December 29, 2025. Infosys has stated that this will have no material impact on its financials, operations, or other activities, given the relatively small size of the demand compared to its overall scale.
The penalty amount is very small relative to Infosys's size and earnings, so the financial impact is negligible. However, shareholders should note the tax dispute and watch for whether the company decides to contest or pay the demand.