Mphasis Ltd Faces ₹2.32 Billion Tax Demand Notice: A Comprehensive Overview

Unknown Apr 02, 2026 450 Views

Mphasis Ltd has recently received a tax demand notice from the Income Tax Department amounting to ₹2.32 billion (approximately ₹232.37 crore) for the assessment years 2018-19 and 2019-20. This notice pertains to tax deducted at source (TDS) on payments made to overseas subsidiaries and associated...