ICICI Prudential Life Insurance Receives Rs 361.23 Crore Income Tax Order for AY 2022-23

ICICI Prudential Life Insurance has received an income tax order demanding ₹361.23 crores for the assessment year 2022-23. The order stems from discrepancies found during an audit of the company's tax filings. ICICI Prudential has stated that it is evaluating the order and will take appropriate steps, including possibly contesting the demand. The company has reiterated its commitment to compliance but believes that the demand may not be justified.