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More IT biggies to get tax notices after ₹32,000 cr demand to Infosys, source says

By Economic Times - 4 months ago
Tax Notice: Indian tax authorities may send notices to more IT firms after Infosys received a ₹32,000 crore tax demand for alleged evasion via overseas offices. This demand represented nearly all of Infosys' revenue for the June quarter. Experts anticipated similar notices being issued to other companies in the sector shortly thereafter.

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