Quess Corp Receives ₹42.24 Crore Income Tax Refund Order
Quess Corp Limited received an Income Tax Order for a refund of ₹42.24 Crore, including ₹8.85 Crore interest, for FY 2023-24. The order was issued by the Deputy Commissioner of Income Tax, Bangalore, on April 27, 2026, and received by the company on April 28, 2026. The company confirmed no impact on its operations.
The company explicitly stated that there is no impact on its financial, operational, or other activities, despite the refund amount.
The company is receiving a significant refund from the income tax department, which is a financially positive development.
Quess Corp Limited has announced that it has received an Order dated April 27, 2026, from the Office of the Deputy Commissioner of Income Tax, Central Circle 2(1), Bangalore. The order, issued under Section 154 read with Section 143(1) of the Income-tax Act, 1961, pertains to a refund of ₹42.24 Crore.
This refund amount includes interest of ₹8.85 Crore and is related to the Financial Year 2023-24. The company received this official communication on April 28, 2026.
Quess Corp has stated that this development has no impact on its financial, operational, or other activities. The company will also make this information available on its website, www.quesscorp.com.
What to do with a filing like this
Quess Corp Limited filed this with the NSE as a statutory disclosure, categorised under taxation. It is a primary document, not a recommendation, and the desk marks it low impact, the band that almost never moves a portfolio on its own.
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