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HCL Infosystems informed that the Supreme Court dismissed the Income Tax Department's SLP, upholding the Delhi High Court ruling. A Rs 14.90 crore tax demand related to FY 1997-98 compensation from HP is now resolved in the company's favor, eliminating the liability.
HCL Infosystems Secures ₹16.67 Crore Tax Relief In CESTAT Order
HCL Infosystems Wins Appeal, Sets Aside ₹22.85 Crore Tax Demand
HCL Infosystems Faces High Court Appeal Over ₹312 Crore Tax Demand