Infosys Limited has confirmed receiving multiple assessment orders from the Income-tax Department concerning various Assessment Years spanning 2013-14 through 2021-22. Following the review of these orders, the Company now anticipates receiving a cumulative refund totaling ₹1,745 crore, which includes associated interest. Infosys is currently assessing the exact financial implications of these settlements on its statements for the quarter and fiscal year ending March 31, 2026.
Tax Assessment Orders Received
Infosys Limited announced that it has finalized the receipt of several assessment orders issued by the Income-tax Department, Government of India. These orders relate to multiple Assessment Years, demonstrating a broad review across the Company’s tax filings.
The specific dates and corresponding Assessment Years for the orders received are detailed as follows:
- March 26, 2026: Assessment Year 2018-19
- March 27, 2026: Assessment Year 2017-18
- March 31, 2026: Assessment Years 2013-14, 2019-20, 2020-21, and 2021-22
Anticipated Financial Impact
As a direct consequence of these finalized assessment orders, Infosys expects to realize a significant financial benefit. The Company projects a cumulative refund amount, inclusive of interest earned, of ₹1,745 crore.
The Finance department is currently undertaking a thorough evaluation to quantify the precise impact these orders will have on the Company’s reported financial statements for the period concluding on March 31, 2026.
Source: BSE
