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
8), which govern the
determination of arm's length price and transfer pricing
adjustments.
6. The learned Counsel for the Assessee, summarized his written
submissions as follows:
527-Asr-2024
Satia Industries, Muktsar
11
a)
That during the year under consideration, company captively consumed power units totalling 6,12,36,200 in KWH
(Kilo watt hour) by transferring the same
