Supreme Court upholds Madras High Court order directing Cognizant to pay ₹2,956 crore in tax dues

On December 21, 2023, the Madras High Court had temporarily stayed recovery proceedings initiated by the IT department against Cognizant after the company offered to pay an interim amount of ₹2,956 crore.
Supreme Court
Supreme Court

The Supreme Court on Wednesday upheld an interim order passed by the Madras High Court in December last year directing tech company Cognizant Technology Solutions to pay ₹2,956 crore to the Income Tax Department as partial payment of its tax dues.

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