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
ii.
There was no justification for reducing distribution loss, transmission loss, or cross- subsidy charges; rather, these components were required to be added.
iii.
The base rate of 6.19 per unit adopted by the TPO was incorrect; the correct base rate was 6.41, and further, KVAH required conversion into KWH by applying the power factor of 0.92. Thus, the appellant