3I Infotech Subsidiary Revises Tax Settlement, Expects Lower Cash Inflow
3I Infotech Digital BPS Limited, a subsidiary of 3I Infotech, has received a revised Certificate under the Direct Tax Vivad Se Vishwas Scheme 2024 for FY 2013-14. The expected net cash inflow has been reduced from ₹74.79 lakhs to ₹28.24 lakhs. The company states this revision has no material impact on its operations or activities.

*this image is generated using AI for illustrative purposes only.
3I Infotech Digital BPS Limited, a material subsidiary of 3I Infotech, has received a revised Certificate in Form 2 from the CIT TDS2 Delhi under the Direct Tax Vivad Se Vishwas Scheme 2024 for the financial year 2013-14. This update comes as part of the company's ongoing efforts to settle tax disputes.
Revised Settlement Details
The company now anticipates a net cash inflow of ₹28.24 lakhs, a significant reduction from the earlier reported amount of ₹74.79 lakhs. This adjustment is towards the balance refund pertaining to FY 2013-14.
| Particulars | Previous Amount | Revised Amount | Change |
|---|---|---|---|
| Expected Net Cash Inflow | ₹74.79 lakhs | ₹28.24 lakhs | -62.24% |
Impact on Operations
3I Infotech has stated that there is no material impact on the operations or activities of the company despite the revision in the expected cash inflow. This suggests that the company's day-to-day functioning and overall financial health remain largely unaffected by this tax settlement adjustment.
Context of the Tax Settlement
The Direct Tax Vivad Se Vishwas Scheme 2024 is an initiative by the Indian government to settle pending tax disputes. By opting for this scheme, 3I Infotech Digital BPS Limited aims to resolve its tax litigations, potentially reducing legal uncertainties and associated costs.
Looking Ahead
The resolution of tax disputes can provide long-term benefits in terms of clarity and reduced legal overheads. Investors and stakeholders may be watching closely to see how 3I Infotech manages this adjustment and continues to navigate its financial strategies moving forward.
Historical Stock Returns for 3I Infotech
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.24% | -2.19% | -15.07% | -28.53% | -34.08% | +426.71% |










































