{"id":841034,"date":"2024-08-05T09:31:26","date_gmt":"2024-08-05T04:01:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=841034"},"modified":"2024-08-05T09:33:09","modified_gmt":"2024-08-05T04:03:09","slug":"infosys-pre-show-cause-notice-for-2017-18-worth-rs-3898-crore-closed","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/05\/infosys-pre-show-cause-notice-for-2017-18-worth-rs-3898-crore-closed\/","title":{"rendered":"Infosys pre-show cause notice for 2017-18 worth Rs 3,898 crore closed"},"content":{"rendered":"<p>IT giant Infosys on Saturday said the Directorate General of Goods and Services Tax Intelligence (DGGI) is concluding the pre-show cause notice proceedings for the financial year 2017-2018, involving Rs 3,898 crore. <\/p>\n<p>This comes after that company, on July 31, received a demand notice for alleged tax evasion amounting to over Rs 32,000 crore from the DGGI. <\/p>\n<p>\u201cThe company has now received a communication from DGGI closing the pre-show cause notice proceedings for the financial year 2017-2018. The GST amount as per the pre-show cause notice for this period was Rs 3,898 crore,\u201d Infosys stated in a regulatory filing. As a result, an amount of Rs 28,000 crore related to FY22 is still under review by the authorities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>IT giant Infosys on Saturday said the Directorate General of Goods and Services Tax Intelligence (DGGI) is concluding the pre-show cause notice proceedings for the financial year 2017-2018, involving Rs 3,898 crore. This comes after that company, on July 31, received a demand notice for alleged tax evasion amounting to over Rs 32,000 crore from the DGGI. \u201cThe company has now received a communication from DGGI closing the pre-show cause notice proceedings for the financial year 2017-2018. The GST amount as per the pre-show cause notice for this period was Rs 3,898 crore,\u201d Infosys stated in a regulatory filing. As [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-841034","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841034","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=841034"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841034\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=841034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=841034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=841034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}