Aditya Infotech Legal & Regulatory
Aditya Infotech Ltd. announced that the ITAT, Delhi ruled in its favor, deleting tax additions of ₹40.38 Crore for the assessment year 2019-20.
- Value
- ₹40.38 Cr
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Aditya Infotech Ltd. announced that the ITAT, Delhi ruled in its favor, deleting tax additions of ₹40.38 Crore for the assessment year 2019-20.
CPPLUS faces a USD 5M ICC arbitration claim from Avathon/SparkCognition over alleged contract breach. Management assesses no material financial impact despite the 47.5 Crore claim.
Aditya Infotech faces arbitration from Avathon and SparkCognition over a product resale contract. The claim of USD 5M (₹4.75 Cr) is not expected to materially impact the company.