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.


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