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. That the AO failed to provide the benefit of the power factor of 0.92 for converting
KVAH to KWH, which is a relevant factor in determining the correct price per unit.
The failure to account for this power factor resulted in an incorrect adjustment, leading to an understatement of the correct price per unit for the transferred power
