Madras HC directs Cognizant, shareholders to approach Dispute Resolution Panel over 2017 Tax Dispute

Madras HC directs Cognizant, shareholders to approach Dispute Resolution Panel over 2017 Tax Dispute

The Madras High Court on Tuesday dismissed writ petitions filed by Cognizant Technology Solutions India Private Limited (Cognizant) and two of its foreign shareholders – Cognizant (Mauritius) Limited and New Jersey-based Cognizant Technology Solutions Corporation – over tax disputes relating to the buy-back of shares.

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