ICICI Life Insurance received an income tax rectification order for Assessment Year 2023, resulting in a total incremental tax and interest demand of ₹230.19 Crore.
ICICI Life Insurance received an income tax rectification order for AY 2024, resulting in a reduced tax demand and adjusted interest impact of ₹278.90 Crore.
ICICI Life Insurance received an Income Tax rectification order for AY 2024, resulting in incremental interest of ₹ 40.96 Lakhs. The company has appealed the order.
ICICIPRULI's GST appeal was dismissed, upholding a ₹3.75 Crore tax demand and penalty for July 2017–Sept 2019. The company plans to file a further appeal.