
Legal23 Mar 2026, 05:31 pm
EPACK Durable Ltd Faces ₹29.03 Crores Demand from Income Tax Department
AI Summary
EPACK Durable Limited has received an Assessment order under Section 144 read with section 144B of the Income Tax Act, 1961 from the Assessment Unit, Income Tax Department. The order, received on March 23, 2026, pertains to the Assessment Year 2023–24. The Assessing Officer has made certain additions to the taxable Income aggregating to ₹18.89 Crores. This has resulted in a demand of ₹29.03 Crores on the Company. EPACK Durable Ltd is in the process of filing a rectification application before the Jurisdictional Assessing Officer and an appeal before the Commissioner of Income Tax (A). The Company believes that the demand is not sustainable and has strong grounds to challenge it before the appropriate appellate authority.
Key Highlights
- EPACK Durable Limited received an Assessment order under Section 144 read with section 144B of the Income Tax Act, 1961.
- The order pertains to the Assessment Year 2023–24 and was received on March 23, 2026.
- The Assessing Officer has made certain additions to the taxable Income aggregating to ₹18.89 Crores.
- This has resulted in a demand of ₹29.03 Crores on the Company.
- EPACK Durable Ltd is in the process of filing a rectification application and an appeal before the Commissioner of Income Tax (A).