Infosys May Face Attachment Procedures in Thiruvanathapuram, for Tax Dues

The Triruvanathapuram city corporation is planning to initiate attachment procedures against software giant Infosys after the company officials have refused to pay the tax dues for its two buildings near Akkulam, Thiruvanthapuram, there are reports.

The corporation has directed revenue officials to go ahead with the procedures within a week if the company does not express its willingness to clear the dues. The corporation had earlier issued two notices to Infosys demanding tax arrears worth around Rs 40 lakh. The corporation officials had asked the company to produce any valid government order which exempts the company from paying tax.

P Shyam Kumar, chairman, tax appeal standing committee, said:

“Every time we demanded tax, they would cite the government order. They are yet to produce it and as far as we know, there has never been any such government order. We have already served two notices and we will surely proceed to attachment within a week unless Infosys clears the dues,”

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