Key Quantitative Figures
- Original tax demand: ₹29.03 Crores (received on March 23, 2026)
- Reduced tax demand after rectification: ₹5.89 Crores
- Assessment year: Financial Year 2022-23
Dates of Action
- Original assessment order received: March 23, 2026
- Rectification order received: June 11, 2026
- Disclosure date: June 12, 2026
Parties Involved
- Listed Company: EPACK Durable Limited
- Regulatory Authority: Office of the Deputy Commissioner, Income Tax Department
- Appellate Authority: Commissioner of Income Tax (Appeals) - where appeal is pending
Financial Impact
Pursuant to the Rectification Order, the tax demand has been reduced from ₹29.03 Crores to ₹5.89 Crores for Financial Year 2022-23. The company had already filed an appeal before the Commissioner of Income Tax (Appeals) against the original demand of ₹29.03 Crores, which remains pending adjudication.
Company Actions
The Company had filed a rectification application before the Jurisdictional Assessing Officer, which resulted in the reduced demand. The Company will continue to pursue the appeal in accordance with applicable law.
Additional Details
- No penalties or restrictions imposed pursuant to the communication
- No aberrations/non-compliances identified by the authority
- No other relevant information provided