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HGS received a direction from the GAAR panel, characterizing demerger tax treatment as "impermissible avoidance." This relates to a Rs. 281.59 Cr tax reduction.

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Hinduja Global Solutions LimitedHGS · Filed with the exchange

Financial impact is uncertain and will be known post-process.

Company initiated legal steps; operations unaffected.

Read the original filing(PDF)

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