Brainbees Income Tax Demand Reduced by ₹30.98 Cr

Brainbees Solutions received a rectification order reducing AY 2022-23 income tax demand from ₹31.36 cr to ₹38.37 lakh.
The Authority recomputed total income for AY 2022-23 to ₹52.54 lakh, down from the earlier addition of ₹93.58 cr.
The Company plans to file an appeal before the Income Tax Appellate Tribunal (ITAT) against the residual demand.