Interim Relief to Infosys: ITAT grants Extension of Stay Order for Recovery of Income Tax Demand of Rs. 1500 Cr [Read Order]

Infosys - ITAT - Stay order - Income Tax Demand - taxscan

In an interim relief to Infosys, the Income Tax Appellate Tribunal (ITAT), Bangalore bench has extended the stay order for six months in a case involving approx.. Rs. 1535 crores income tax demand. The assessee contended before the Tribunal that out of the total demand of RS.1564,20,96,950, the assessee has already paid a sum of…

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