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
36
Cost of Steam as per Table B
46,01,43,819/-
(para 15.3)
Margin
1,95,80,958/-
22. Based on the above, the AR explained that the finding of the
TPO in treating the mark-up as zero/nil for the transfer of steam,
without any comparable data and scientific analysis, is based on
conjectures and surmises
