3i Infotech USA Subsidiary Faces $2.36 Crore Tax Penalty from Pennsylvania Dept. of Revenue
3i Infotech's US subsidiary received a tax assessment notice from Pennsylvania Department of Revenue for USD 250,150.09 (approx. ₹2.36 crore) related to Sales and Use Tax for the period June 30, 2022, to June 30, 2025. The subsidiary is evaluating an appeal.
The penalty amount is substantial and may impact financials if the appeal is unsuccessful, although the company states no significant impact on operations currently.
The company's subsidiary has been assessed a significant penalty, which negatively impacts the company.
3i Infotech Limited has announced that its wholly-owned step-down subsidiary in the USA, 3i Infotech Inc., has received a Sales and Use Tax Audit Notice of Assessment from the Pennsylvania Department of Revenue. This notice imposes a penalty amounting to USD 250,150.09, which is approximately ₹2.36 crore.
The assessment pertains to a Sales and Use Tax Audit conducted for the period from June 30, 2022, to June 30, 2025. The total audited liability is USD 833,833.58, with a forecasted interest of USD 150,099.24 and a penalty forecast of USD 250,150.09.
The US Subsidiary is currently evaluating the matter and is considering filing an appeal against the assessment notice. The notice was received by the US Subsidiary on May 8, 2026, at 1:02 p.m. IST. Apart from the audited liability, interest, and penalty forecasts, there has been no significant impact on the financial, operational, or other activities of the US Subsidiary.
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3i Infotech Limited filed this with the NSE as a statutory disclosure, categorised under other regulatory filings. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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