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3 results for “transfer pricing”+ Section 144C(3)clear

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Key Topics

Section 143(3)5Section 69C3Section 92C3Section 80I3Section 803Addition to Income3Section 144C(5)2Section 144C(13)2Deduction2

SATIA INDUSTRIES LIMITED,MUKTSAR, PUNJAB vs. DCIT, ACIT CIRCLE 1, BATHINDA

In the result, the appeal is partly allowed

ITA 527/ASR/2024[2020-21]Status: DisposedITAT Amritsar28 Feb 2025AY 2020-21

Bench: Shri Udayan Das Gupta & Shri Krinwant Sahayआयकरअपीलसं./Ita No. 527/Asr/2024 िनधा"रणवष" / Assessment Year : 2020-21

For Appellant: S/Shri Sudhir SehgalFor Respondent: Shri K. Mehboob Ali Khan, CIT DR
Section 143(2)Section 143(3)Section 144C(13)Section 144C(5)Section 80

144C(5) for the assessment year 2021-22. i) The Authorized Representative (AR) also drew the attention of the bench to the reply submitted before the Transfer Pricing Officer (TPO) dated 27.07.2023. In this reply, the assessee had objected to the adjustments made by the TPO, asserting that no such adjustment was required in the prices. Furthermore, it was explained

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

3) read with section 144C(13) in consequence of directions of DRP u/s144C(5) of the Income Tax Act, 1961. 2. That the Assessing Officer (AO) has erred in making an addition of Rs. 6,66,54,028/- by reducing the sales value of steam and power to Rs. 56,08,22,355, contrary to the audited results declared

M/S. SATIA INDUSTRIES LIMITED,MUKTSAR vs. DEPUTY COMMISSIONER OF INCOME TAX CIRCLE-1, BATHINDA

In the result, the appeal of the assessee bearing ITA No

ITA 193/ASR/2022[2018-19]Status: DisposedITAT Amritsar13 Jun 2023AY 2018-19

Bench: Dr. M. L. Meena & Sh. Anikesh Banerjee

Section 115BSection 143(3)Section 144C(8)Section 250oSection 69C

144C(8) does not allow the DRP to issue directions to enhance the income of the assessee to the extent of Rs. 4,57,32,318/- which was not part of the subject matter of the variations suggested by the AO and the AO had not proposed any addition on this issue in the draft assessment order 3.2. That