Compucom Software Ltd. Receives Order Under Income Tax Act
Jaipur, April 2, 2026 – Compucom Software Limited announced today that it has received an order under Section 263 of the Income Tax Act, 1961, from the Income Tax Department, Office of the Principal Commissioner of Income Tax PCIT, Jaipur-2.The order pertains to the assessment year 2022-23. According to the communication, the assessing officer initially accepted claims related to substantial repair expenses, employees' contribution to PF/ESI, and deduction under section 80IA without independent verification. The revision under Section 263 of the Act may result in disallowances totaling ₹85,68,190 for building repair expenses, ₹6,19,103 for employees' contribution to PF/ESI, and ₹30,43,023 for deduction under section 80IA. This could potentially lead to an increased tax liability, along with applicable interest and penalties.
The company is currently reviewing the order, preparing necessary documentation, and will submit clarifications to the tax authority in consultation with tax advisors. The potential financial impact of the revision cannot be precisely quantified at this stage.
The order was received on March 30, 2026, and the delay in disclosure was attributed to coordination with other departments, year-end work pressures, and an office holiday.
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