M/S. GREEN EARTH BIOGAS PVT. LTD.,SURENDRANAGAR vs. THE PR. CIT-3, AHMEDABAD, AHMEDABAD
ITA 185/RJT/2023[2017-18]Status: DisposedITAT Rajkot17 Jul 2025AY 2017-18
Bench: Dr. Arjun Lal Saini & Shri Dinesh Mohan Sinhaआयकर अपीलसं./Ita No.185/Rjt/2023
For Appellant: Shri Hardik Vora, Ld. A.RFor Respondent: Shri Sanjay Pungalia, Ld. Sr. DR
Section 263
9. The Ld. PCIT noticed that even though there was no loss of revenue on
account of the disallowance of Rs.70,71,531/-, but the disallowances had impact
on the losses to be carried forward. No explanation has been offered for under-
reporting of income to the extent of Rs.70,71,531/-, which was prima facie not
allowable in view
