HCL Infosystems Legal & Regulatory
HCL Infotech, a subsidiary, received an adverse judgment from a District Court regarding an arbitration case. The company is evaluating further legal remedies.
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HCL Infotech, a subsidiary, received an adverse judgment from a District Court regarding an arbitration case. The company is evaluating further legal remedies.
HCL Infosystems received an order from CGST authorities imposing a penalty of ₹0.80 Crore. The company is currently evaluating potential legal remedies.
HCL Infosystems secured a favorable CESTAT order setting aside a ₹16.67 Crore tax demand and associated penalties. The company successfully contested the disputed service tax liability.
HCL Infosystems Ltd received a favorable order from CESTAT, Allahabad, setting aside a tax demand of ₹22.85 Crore. The company successfully contested the Service Tax matter.
Supreme Court dismissed the Income Tax Department's appeal against HCL Infosystems. This final order nullifies a tax demand of Rs. 14.90 Crores regarding JV compensation.
HCL Infosystems filed an appeal against a Rs. 312.34 Crore tax demand upheld by CESTAT. The matter is pending before the Allahabad High Court with no interim order.
HCL Infosystems Ltd received a ₹26.35 Crore refund from the Rajasthan VAT Authorities. The refund pertains to a pre-deposit regarding the taxability of batteries sold in composite packs during 2009-10 and 2011-12. This recovery strengthens the company's cash position and resolves a decade-old tax matter.