Digitide Solutions Limited Receives Intimation for Tax Refund of Rs 19.76 Crores from Income Tax Department
Digitide Solutions Limited has received an intimation regarding a tax refund from the Centralized Processing Centre (CPC) of the Income Tax Department in Bengaluru. The intimation relates to the Assessment Year 2025-26 and specifies a total refund amount of Rs 19.76 crores.The company received this communication on June 30, 2026, at 07:35 P.M. The refund amount is composed of a tax refund totaling Rs 18.38 crores and an interest component amounting to Rs 1.38 crores.
As per the details provided by the company, there is no current impact on the financial or operational activities of Digitide Solutions Limited resulting from this matter.
The details regarding the receipt of the intimation are summarized below:
| Authority | Nature of Action | Refund Amount (Total) | Tax Component | Interest Component | Assessment Year |
|---|---|---|---|---|---|
| Centralized Processing Centre, Income Tax Department, Bengaluru | Intimation for tax refund under Section 143(1) of the Income Tax Act, 1961 | Rs 19.76 crores | Rs 18.38 crores | Rs 1.38 crores | 2025-26 |
The company noted that there are no violations or contraventions committed or alleged in this specific matter, as detailed by the Centralized Processing Centre (CPC).
DIGITIDE Stock Price Movement
On Wednesday, shares of Digitide Solutions Limited edged higher to close at ₹86.49, gaining 0.78% on the session's trading day. The stock traded within a range defined by a low of ₹85.53 and a high of ₹87.79, with total volume reaching 106,739 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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