Cognizant gets High Court relief in tax case
[ CHENNAI: In a reprieve to Cognizant Technology Solutions India, the Madras high court has granted an interim stay against the income tax department liquidating Rs 2,956-crore bank deposits of the company in lieu of Rs 4,300-crore tax arrears.A division bench of Justice R Mahadevan and Justice Mohammed Shaffiq has, however, directed Cognizant to make … Read more
