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Madras HC dismisses Cognizant's plea over Rs 2,800 crore tax demand

The company was accused of evading DDT on transactions made while buying shares from its Mauritius and US arms

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Cognizant  |  Madras Hc

Gireesh Babu  |  Chennai 



Cognizant

The Madras High Court (HC) has dismissed Technology Solutions India’s (CTSIPL’s) petition challenging the recovery proceedings initiated by the income tax department for non-payment of Rs 2,800 crore in dividend distribution tax (DDT). The court has dismissed another plea by (Mauritius) and Technology Solutions Corporation (US), against the department.

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First Published: Tue, June 25 2019. 21:46 IST

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