Teamlease Services Limited
Pendency of Litigation(s)/dispute(s) or the outcome impacting the Company
01 / The disclosure
What the company shared
TeamLease - Receipt of Show Cause Notice from the Department of Commercial Taxes, Government of Karnataka under Section 73(1) of the Karnataka Goods and Services Tax Act, 2017 ( KGST Act ) and the Central Goods and Services Tax Act, 2017 ( CGST Act ) for FY 2022-23
A question for your research
Check the authority, amount, company response and appeal status. A notice and a final liability are different stages.
Numbers found in document text 6 matches
Automatic text matches, not verified financial metrics. A match may come from a table heading or reporting year. Expand it to inspect the surrounding text and original page.
18%Page 5
9 has been computed at 18% each under CGST and SGST instead of 9% each, resulting in the tax demand being overstated by INR 3,26,83,376.
View source page9%Page 5
9 has been computed at 18% each under CGST and SGST instead of 9% each, resulting in the tax demand being overstated by INR 3,26,83,376.
View source pageINR 3,26,83,376Page 5
9 has been computed at 18% each under CGST and SGST instead of 9% each, resulting in the tax demand being overstated by INR 3,26,83,376.
View source pageINR 52,76,08,537Page 6
The quantum implication as per the notice is INR 52,76,08,537 (Rupees Fifty-Two Crores Seventy-Six Lakhs Eight Thousand Five Hundred and Thirty-Seven Only), comprising tax of INR 28,91,89,566, interest of INR 20,95,00,014 and penalty of INR 2,89,18,957.
View source pageINR 28,91,89,566,Page 6
The quantum implication as per the notice is INR 52,76,08,537 (Rupees Fifty-Two Crores Seventy-Six Lakhs Eight Thousand Five Hundred and Thirty-Seven Only), comprising tax of INR 28,91,89,566, interest of INR 20,95,00,014 and penalty of INR 2,89,18,957.
View source pageINR 20,95,00,014Page 6
The quantum implication as per the notice is INR 52,76,08,537 (Rupees Fifty-Two Crores Seventy-Six Lakhs Eight Thousand Five Hundred and Thirty-Seven Only), comprising tax of INR 28,91,89,566, interest of INR 20,95,00,014 and penalty of INR 2,89,18,957.
View source pageThe evidence
Read the source excerpts
01There has been a delay of 13 days in submission of this intimation due to an inadvertent gap in internal communication between the Company’s indirect tax and secretarial functions, as a result of which the notice was not escalated to the secretarial function within the prescribed timeline.
Page 1
029 has been computed at 18% each under CGST and SGST instead of 9% each, resulting in the tax demand being overstated by INR 3,26,83,376.
Page 5
035 Expected financial implications, if any, due to compensation, penalty, etc.
Page 6
04The quantum implication as per the notice is INR 52,76,08,537 (Rupees Fifty-Two Crores Seventy-Six Lakhs Eight Thousand Five Hundred and Thirty-Seven Only), comprising tax of INR 28,91,89,566, interest of INR 20,95,00,014 and penalty of INR 2,89,18,957.
Page 6
Source & verificationView the disclosure trail
- Summary method
- Exchange-provided text; no generated financial figures
- Exchange identifier
- 106816369
- First collected
- 13 Oct 2026, 19:31 IST
- PDF extraction
- extracted · 6 pages read
- Extraction note
- Source excerpts; financial tables have not been validated.
- Document SHA-256
- d2c3b999eb06e915ef1cebaa3c2691cb15767550c9c536d0007a64c699bd3b5c