Oracle Financial Services

I’m going through the financial statements. There is this section. Does this mean ofss potentially owes 21000 million in taxes?

Note 4: Tax litigations
As at December 31, 2023, the Company has certain litigations with respect to tax matters for various
assessment years amounting to 28,355.81 million (March 31, 2023 – 24,434.24 million), which
are pending before various appellate / tax authorities. The management expects that its position will be upheld on ultimate resolution and the possibility of any outflow of resources is remote. Demand of tax payable after adjusting taxes paid under protest and refunds amounts to 20,983.92million (March 31, 2023 – 16,678.50 million) as at December 31, 2023. Further for certain litigations the Company has aggregate provisions of 114.60 million (March 31, 2023 – 874.15 million) as at December 31, 2023.