Infosys Receives Penalty Communication Regarding ITC Mismatch

Infosys has received a communication regarding a penalty related to an alleged mismatch in Input Tax Credit (ITC) availment. The penalty, amounting to INR 23,08,904, pertains to excess ITC claimed in GSTR-3B compared to GSTR-2A for FY 2018-19. According to Infosys, this issue is not expected to have a material impact on the company’s financials or operations.

Penalty Notice Received

Infosys has received a communication regarding a penalty for the collection of a penalty, issued on December 5, 2025. The penalty is related to alleged violations concerning Input Tax Credit (ITC).

Details of the Penalty

The communication was issued by the Joint Commissioner of CGST. The total penalty amount is INR 23,08,904. The issue pertains to an alleged excess availment of ITC in GSTR-3B compared to ITC reflecting in GSTR-2A for FY 2018-19.

Impact Assessment

Infosys has stated that there is no material impact on the company’s financials, operations, or other activities as a result of this matter.

Source: BSE

InvestyWise News
InvestyWise News
Covers market-moving news with speed and precision, delivering sharp insights to help readers stay ahead in the fast-paced world of stocks.

Latest articles

Related articles

Leave a reply

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!