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2 results for “disallowance”+ Section 801A(4)(iv)clear

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Key Topics

Section 1546Section 805Section 143(1)5Section 92C3Section 80I3Deduction2Disallowance2Addition to Income2

INCOME TAX OFFICER, FEROZEPUR vs. UNIVERSAL BIOMASS ENERGY PVT LTD, GURUHARSAHAI

In the result, the appeal of the Revenue is dismissed

ITA 231/ASR/2024[2020-21]Status: DisposedITAT Amritsar28 Jul 2025AY 2020-21

Bench: Sh. Udayan Dasgupta & Sh. Brajesh Kumar Singh

For Appellant: Sh. Ashray Sarna, C.A
Section 140ASection 143(1)Section 154Section 250Section 80Section 801ASection 801A(4)Section 801A(7)

iv) of the Act without verifying the fact that the annessee failed to file its form no. 10CCB by the prescribed due date as uefined in section 801A(7) of the Income Tax Act, 1961 3. That on the facts and circumstances of the case, the CIT(A) has erred on facts and in law allowing appeal of the assessee

SATIA INDUSTRIES LIMITED,MUKTSAR vs. DCIT/ACIT CIRCLE I, BATHINDA, BATHINDA

In the result, the appeal of the assessee is partly allowed

ITA 702/ASR/2024[2021-22]Status: DisposedITAT Amritsar16 Dec 2025AY 2021-22

Bench: Dr. M. L. Meena & Sh. Udayan Dasgupta

For Appellant: Sh. Rohit Kapoor, Adv. &
Section 143(3)Section 144C(1)Section 144C(2)Section 144C(5)Section 80Section 80GSection 80ISection 92C

iv) of the Act 61 in respect of the power and steam generated by UNIT -1, (functioning with a capacity of 12.5 Mega Watt), and the electricity and steam so generated being transferred to the paper manufacturing unit (non-specified unit) has adopted TNMM (transactional net margin method), as a comparison for working out net profit margins earned by independent