Compucom Software Ltd. Receives Order u/s 263 of Income Tax Act for AY 2022-23

Compucom Software Limited has received an Order u/s 263 of the Income Tax Act, 1961 passed by Income Tax Department, Office of the Principal Commissioner of Income Tax PCIT, Jaipur-2 for the Assessment Year 2022-23. The order was received on 30th March 2026, and the delay in action was due to coordination with other departments, year-end work pressures, and the office holiday on 31st March 2026. The potential financial impact of this order cannot be precisely quantified at this stage, but it may result in disallowance of building repair expenses, employees’ contribution to PF/ESI, and deduction under section 80IA, leading to additional tax liability along with applicable interest and penalties.