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Expleo Solutions Faces Rs 48 Lakh Tax Demand, Sees No Material Business Impact

Story Highlights
  • Expleo Solutions has received a Rs 48.34 lakh tax demand linked to MAT credit disallowance for FY 2012-13.
  • The company expects no material impact on its financials or operations from the tax authority’s order.
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Expleo Solutions Faces Rs 48 Lakh Tax Demand, Sees No Material Business Impact

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The latest announcement is out from Expleo Solutions Limited ( (IN:EXPLEOSOL) ).

Expleo Solutions Limited has disclosed that it has received an order from the Assistant Commissioner of Income Tax, Corporate Circle 1(1), Chennai, raising a demand of Rs 48.34 lakh for Assessment Year 2012-13, arising from the disallowance of MAT credit utilisation of Rs 17.42 lakh. The company has stated that this tax demand, communicated in January 2026, will not have a material impact on its financials, operations or other activities, suggesting limited implications for shareholders and minimal disruption to its ongoing business.

More about Expleo Solutions Limited

Expleo Solutions Limited is an India-based company listed on BSE and NSE that operates in the technology and IT services space, providing specialised solutions to corporate clients from its headquarters in Chennai. The company serves a broad base of industries through its technology-driven offerings and maintains compliance with Indian securities and tax regulations as part of its public listing obligations.

Average Trading Volume: 834

Technical Sentiment Signal: Sell

Current Market Cap: 14.61B INR

Find detailed analytics on EXPLEOSOL stock on TipRanks’ Stock Analysis page.

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