ICICI Prudential Life Insurance Company has been issued an order by the Income Tax asking the company to pay more than ₹391 crore.
The amount consists of income tax demand of ₹3,471,293,534, interest of ₹439,545,379 and nil penalty. The order from the I-T authorities in Mumbai relates to Assessment Year 2024-25, the insurer said in a filing.
The company said it will file an appeal against the order before appropriate authority in due course.
Published – March 25, 2026 01:08 am IST
Source: https://www.thehindu.com/business/icici-prudential-life-insurance-gets-391-crore-demand-order-from-i-t/article70781136.ece
