Legal25 Mar 2026, 02:42 pm
DCM Nouvelle Ltd Receives Assessment Order from Income Tax Department
AI Summary
DCM Nouvelle Ltd has received an Assessment Order from the Income Tax Department for the Assessment Year 2024-25. The order includes certain disallowances and additions, such as disallowance of deduction under section 80JJAA, disallowance of purchases from non-filers of Income Tax Returns, and disallowance of deduction claimed under section 43B. The Company intends to file an appeal before the Appellate Authority against the said Assessment Order within the prescribed time limits.
Key Highlights
- DCM Nouvelle Ltd has received an Assessment Order from the Income Tax Department.
- The Assessment Order includes certain disallowances and additions.
- The Company intends to file an appeal before the Appellate Authority against the said Assessment Order.
- No tax demand has been raised as the order results in a reduction of carried-forward losses.
- The authority alleged certain claims were not adequately supported by documentary evidence.
Price Impact
More from DCMNVL