Nature of the Disclosure
This is a regulatory update filed with BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It provides an update on previously disclosed matters regarding the company's availing of the Direct Tax Vivad Se Vishwas Scheme, 2024.
Key Quantitative Figures
The disclosure concerns income-tax litigations for Assessment Years 2012-13, 2013-14, 2014-15 and 2016-17. The aggregate disputed additions/disallowances involved approximately ₹77,505 lakhs (₹775.05 crore).
Dates of Action
- Previous disclosures made: May 28, 2026 and September 03, 2026
- Company requested withdrawal of appeals: October 22, 2026 (via letters)
- CIT(A) order date: October 26, 2026
- Time of event occurrence: October 26, 2026 at 1:21 p.m.
- Disclosure date: October 27, 2026
Parties Involved
- 3i Infotech Limited (the Company)
- Commissioner of Income Tax (Appeals) [CIT(A)]
- BSE Limited
- National Stock Exchange of India Limited
Outcome and Impact
The CIT(A) has treated the respective appeals as withdrawn and dismissed consequent to the settlement of the underlying disputes under the Direct Tax Vivad Se Vishwas Scheme, 2024. No findings have been recorded by the CIT(A) on the merits of the grounds of appeal. The disputed income tax matters for the specified Assessment Years have been settled in accordance with the provisions of the Scheme.
Additional Information
The information is being hosted on the Company's website at www.3i-infotech.com.