3i Infotech Settles Rs 775.05 Crore Income Tax Disputes Under Vivad Se Vishwas Scheme 2024:

3i Infotech Limited vide two intimations dated May 28, 2026, and September 3, 2026, under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, had disclosed the availment of the Direct Tax Vivad Se Vishwas Scheme, 2024, in respect of the income tax litigation ongoing for the Assessment Year (AY) 2012-13, 2013-14, 2014-15 and 2016-17.

The company has now informed that, in respect of the aforementioned litigation, the Commissioner of Income Tax (Appeals) [CIT(A)] has passed orders under Section 250 of the Income Tax Act, 1961.

According to these orders, 3i Infotech had submitted letters on October 22, 2026, requesting the withdrawal of its pending appeals following the settlement of the underlying tax disputes under the scheme.

Consequently, the CIT(A) treated the respective appeals as withdrawn and dismissed them in view of the settlement. The disputed income tax matters involved aggregate disputed additions and disallowances of approximately Rs 77,505 lakh, equivalent to Rs 775.05 crore.

The company clarified that the CIT(A) did not record any findings on the merits of the grounds raised in the appeals. The dismissal followed the settlement of the disputes under the Vivad Se Vishwas Scheme, 2024, rather than a decision on the merits of the tax issues.

The event occurred on October 26, 2026, at 1:21 p.m. The company stated that the information had also been made available on its official website and requested the stock exchanges to take the disclosure on record.

3i Infotech Limited has made the aforementioned disclosure vide an Intimation dated October 27, 2026, passed under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.