TCS pays Rs 240 Crore advance tax in Q1 FY-12

India's largest software exporter TCS saw its tax bill nearly doubling to Rs 240 crore in the reporting period from Rs 128 crore in the year-ago quarter. This could partly be because of end of STPI tax holiday which became effective from 1st April 2011 and partly because of superior performance expected in the current quarter.

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