According to TCS Annual Report, income tax demands grew to Rs. 7,955.14 crore in 2015-16.
Tata Consultancy Services tax liabilities have been more than doubled to Rs 8,148.03 crore in 2015-16 from Rs. 3,962.83 in the previous fiscal., says report.
The company is scheduled to hold its annual general meeting in Mumbai on June 17.
Tata Consultancy Services Ltd is currently trading at Rs. 2535.9, up by Rs. 1.2 or 0.05% from its previous closing of Rs. 2534.7 on the BSE.
The scrip opened at Rs. 2530 and has touched a high and low of Rs. 2538 and Rs. 2523.6 respectively. So far 255692(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 499444.37 crore.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2769 on 05-Oct-2015 and a 52 week low of Rs. 2119 on 29-Feb-2016. Last one week high and low of the scrip stood at Rs. 2630 and Rs. 2518.25 respectively.
The promoters holding in the company stood at 73.42 % while Institutions and Non-Institutions held 22 % and 4.58 % respectively.
The stock is currently trading above its 50 DMA.
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