3i Infotech settles ₹798 Crore income tax disputes via Vivad se Vishwas scheme
3i Infotech Limited has settled income tax litigations involving ₹798.38 crore in disputed additions/disallowances for assessment years 2012-13 to 2018-19. The settlement, under the Vivad se Vishwas Scheme, will be adjusted against accumulated losses, with no incremental cash outflow. The final order was received on September 2, 2026.
While the settlement resolves historical tax issues, the amount is adjusted against existing losses, indicating no immediate positive cash flow impact. However, it removes a potential financial overhang.
The settlement of significant tax disputes reduces historical litigation and uncertainty for the company, which is a positive development.
3i Infotech Limited has received the final order in Form 4 from the Principal Commissioner of Income Tax, Designated Authority, Mumbai, for the settlement of income tax litigations under the "Direct Tax Vivad Se Vishwas Scheme, 2024". The settlement pertains to assessment years AY 2012-13, AY 2013-14, AY 2014-15, AY 2016-17, and AY 2018-19.
These disputed income tax matters involved aggregate disputed additions/disallowances of approximately ₹79,838 lakhs (₹798.38 crore). The amount payable under the settlement has been adjusted against the company's accumulated brought forward losses, meaning there are no incremental cash flows expected for the company. This settlement marks a significant step towards closing the company's historical income tax litigations related to these matters.
The company had previously made disclosures regarding opting for the scheme on March 27, 2025, and May 28, 2026. The final order was received on September 2, 2026, at 5:38 p.m. The information is also hosted on the company's website.
A plain-language summary of a public exchange filing by 3i Infotech Limited. Read the original for the full detail.