Infosys Limited Receives ₹7.49 Crore Penalty Orders from Commercial Tax Authorities
Infosys Limited disclosed receiving penalty orders worth ₹7.49 crores from the Deputy Commissioner of Commercial Taxes on December 29, 2025. The penalties relate to alleged violations during FY 2021-22, including non-realization of export proceeds, ineligible ITC availment, RCM issues, and other compliance matters. The disclosure was made under SEBI Regulation 30 requirements.

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Infosys Limited has received penalty orders totaling ₹7.49 crores from commercial tax authorities, as disclosed in a regulatory filing on December 30, 2025. The IT services major received the communication from the Deputy Commissioner of Commercial Taxes on December 29, 2025, at 16:24 IST.
Penalty Details and Violations
The penalty orders relate to alleged violations during the financial year 2021-22. The commercial tax authorities have issued demands for multiple compliance issues that resulted in the substantial penalty amount.
| Parameter: | Details |
|---|---|
| Total Penalty Amount: | ₹7,49,10,389 |
| Issuing Authority: | Deputy Commissioner of Commercial Taxes |
| Communication Date: | December 29, 2025 |
| Time of Receipt: | 16:24 IST |
| Relevant Financial Year: | 2021-22 |
Nature of Alleged Violations
The penalty orders cover several areas of alleged non-compliance during FY 2021-22. The violations span across various aspects of tax compliance and business operations.
The key areas of alleged violations include:
- Non-realization or delay in realization of export proceeds
- Availment of ineligible Input Tax Credit (ITC)
- Issues related to Reverse Charge Mechanism (RCM)
- Import of services compliance matters
- Sale of investments related issues
- Staff welfare expense matters
- Write-off cases of exports
Regulatory Compliance
The company has made this disclosure in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was signed by A.G.S. Manikantha, Company Secretary, with membership number A21918.
Infosys has communicated this information to all major stock exchanges including BSE Limited, National Stock Exchange of India Limited, and New York Stock Exchange. The company has also indicated that this information will be hosted on its official website at www.infosys.com for public access and transparency.
Historical Stock Returns for Infosys
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.66% | +1.07% | +1.41% | -0.10% | -15.42% | +27.84% |
















































