Quarterly Updates27 Feb 2026, 08:57 pm
Remsons Industries Ltd Receives Order from Commissioner Income Tax Appeal Regulations, 2015
AI Summary
Remsons Industries Ltd has received an order under Section 250 of the Income Tax Act, 1961 for the Assessment Year 2021-2022 from the Commissioner of Income Tax Appeals, NFAC, Delhi. The order, which was received on 18th February 2026, upholds the disallowance of certain expenses of Rs. 4.91 crore made by the Assessing Officer. The company is currently evaluating the merits of the matter and will exercise its right to file an appeal before the Hon'ble Income Tax Appellate Tribunal, Mumbai within the prescribed time lines.
Key Highlights
- Order received from Commissioner of Income Tax Appeals, NFAC, Delhi under Section 250 of Income Tax Act, 1961 for the Assessment Year 2021-2022
- Order upholds the disallowance of certain expenses of Rs. 4.91 crore made by the Assessing Officer
- Company is evaluating the merits of the matter and will file an appeal before the Hon'ble Income Tax Appellate Tribunal, Mumbai