Sanofi India Receives Assessment Order from Income Tax Department
Sanofi India Limited announced receipt of a final assessment order from the Assessment Unit of the Income Tax Department on March 27, 2026. The order pertains to the financial year 2022-23 (Assessment Year 2023-24) and determines a tax liability of INR 12,36,99,710, inclusive of interest.The assessment order includes adjustments related to transfer pricing issues and disallowances for payments made to healthcare professionals.
Sanofi India intends to appeal the adjustments and disallowances to higher tax authorities. The company anticipates the matter will impact its financial activities.
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