GFL LIMITED,MUMBAI vs. ASSISTANT COMMISSIONER OF INCOME TAX,CIRCLE 1(1)(1), VADODARA
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Income Tax Appellate Tribunal, “D” BENCH, AHMEDABAD
Before: SHRI SANJAY GARG & SHRI NARENDRA PRASAD SINHA
PER NARENDRA PRASAD SINHA, ACCOUNTANT MEMBER:
This appeal is filed by the Assessee against the order of National Faceless Appeal Centre (NFAC), Delhi [hereinafter referred to as “CIT(A)”] dated 13.03.2026 for the Assessment Year (A.Y.) 2015-16 in the proceeding u/s 143(3) of the Income Tax Act [hereinafter referred as “The Act”].
The brief facts of the case are that the assessee had filed its return of income for A.Y. 2015-16 on 28.11.2015 declaring loss of Rs.15,80,73,858/- under the normal provisions and book profit of Rs.4,15,61,91,575/-. Thereafter, a revised return was filed on 27.03.2017 but there was no change in the inco
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