Madras HC directs Cognizant, shareholders to approach Dispute Resolution Panel over 2017 Tax Dispute

Madras HC directs Cognizant, shareholders to approach Dispute Resolution Panel over 2017 Tax Dispute
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The Madras High Court on Tuesday dismissed writ petitions filed by Cognizant Technology Solutions India Private Limited (Cognizant) and two of its foreign shareholders – Cognizant (Mauritius) Limited and New Jersey-based Cognizant Technology Solutions Corporation – over tax disputes relating to the buy-back of shares.

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