Schneider Electric Infrastructure sees tax demand cut

Schneider Electric Infrastructure Limited announced a significant reduction in its tax demand for the Assessment Year 2021-22. Initially, an Assessment Order had raised a tax demand of INR 21,46,21,719.

Following an order by the commissioner of income tax (appeal), the revised tax demand has been reduced to INR 13,82,91,940. This order, passed by the deputy commissioner of income tax, Income Tax Department, Government of India, Vadodara, was dated August 12, 2025, and came to the company's attention on August 26, 2025.

The variation in income computation adjustments for the assessment year led to the initial demand. SEIL stated it would evaluate appropriate legal remedies and file an adequate response to the order. The company does not anticipate any immediate financial or operational impact beyond the demand raised, unless further appealed or rectified.