Zensar Technologies hit with Rs 1.76 crore tax penalty

The penalty was imposed due to inconsistencies in service tax returns, the company said in the filing.

Zensar Tech is part of the $4.8-billion RPG Group conglomerate, with a total services revenue of $591.3 million as on March 2024.

The US is its largest market, accounting for 67.2% of the revenue share. The company said the penalty will have no material impact on its financials, operation or other activities.

In July, last year,