Infosys Share Price in Focus as Company Expects ₹1,745 Crore Tax Refund Across Multiple Assessment Years

Infosys Limited has come into focus after receiving multiple income tax assessment orders that could result in a substantial cumulative refund.  

The development spans several assessment years and may have a material bearing on the company’s financials, subject to final accounting treatment. 

Receives Income Tax Assessment Orders 

The company confirmed that it has received orders under Sections 250 and 254 of the Income-tax Act, 1961 from the Income-tax Department. These orders relate to multiple assessment years, indicating the conclusion of various tax proceedings. 

Specifically, the orders for Assessment Years 2017–18 and 2018–19 were received on March 26 and March 27, 2026.  

In addition, further orders covering Assessment Years 2013–14, 2019–20, 2020–21, and 2021–22 were received on March 31, 2026. The spread of these orders across the years reflects the resolution of long-standing tax matters. 

₹1,745 Crore Refund Expected 

Based on the assessment orders received, Infosys expects a total refund of approximately ₹1,745 crore. This figure includes applicable interest as per tax regulations. 

The expected refund represents a sizeable inflow and may strengthen the company’s financial position.  

However, the exact timing and accounting recognition of this amount remain subject to internal evaluation and applicable accounting standards. 

Impact Under Evaluation 

Infosys has stated that it is currently assessing the financial implications of these developments. The company is evaluating how the refund and related adjustments will be reflected in its financial statements for the quarter and financial year ending March 31, 2026. 

As the assessment process is still ongoing, the final impact on reported earnings and balance sheet figures will be determined after completing internal reviews and incorporating necessary disclosures. 

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Infosys Share Price Performance 

As of 1 April 2026, at 9:38 AM, Infosys share price is trading at ₹1,284.90 per share, reflecting a surge of 2.74% from the previous closing price. 

Conclusion 

The anticipated tax refund of ₹1,745 crore marks a notable development for Infosys. While the inflow could support its financials, the final impact will depend on accounting treatment and subsequent disclosures in its upcoming results. 

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