EPACK Durable Limited Receives Assessment Order from Income Tax Department

EPACK Durable Limited Receives Assessment Order from Income Tax Department

EPACK Durable Limited Receives Assessment Order from Income Tax Department​

EPACK Durable Limited announced on March 23, 2026, that it received an assessment order from the Assessment Unit of the Income Tax Department. The order, pertaining to Assessment Year 2023-24 (Financial Year 2022-23), involves additions to the company’s taxable income, aggregating to ₹18.89 Crores, made by the faceless Assessing Officer.

The Income Tax Department has imposed a demand of ₹29.03 Crores on the company. EPACK Durable Limited stated that it is currently preparing a rectification application to be filed before the Jurisdictional Assessing Officer and plans to appeal the order before the Commissioner of Income Tax (A).

The company believes the demand is not sustainable and intends to challenge it through the appropriate appellate authority.

Details of the Assessment Order

The details of the assessment order are as follows:

ParticularsDetails
Company NameEPACK Durable Limited
Type of CommunicationAssessment order under Section 144 read with section 144B of the Income Tax Act, 1961
Date of ReceiptMarch 23, 2026
AuthorityAssessment Unit, Income Tax Department
SummaryAdditions to taxable income aggregating to ₹18.89 Crores
PeriodAssessment Year 2023-24 (Financial Year 2022-23)
Financial ImplicationsDemand of ₹29.03 Crores
Aberrations/Non-CompliancesNot applicable
Penalty/Restriction/SanctionNil
Actions TakenFiling of rectification application and appeal
Other Relevant InformationCompany believes the demand is not sustainable


Source:​

 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Back
Top