INDIAN METALS AND FERRO ALLOYS LTD,BHUBANESWAR vs. DCIT, CIRCLE-1(1), BHUBANESWAR
In the result, the appeal filed by the assessee is partly allowed for statistical purposes
ITA 506/CTK/2024[2021-22]Status: DisposedITAT Cuttack19 Aug 2025AY 2021-22
Bench: Shri Duvvuru Rl Reddy(Kz) & Shri Rakesh Mishra
Section 143(1)Section 143(2)Section 143(3)Section 144C(5)Section 234BSection 234CSection 270ASection 92CSection 92D
92D of the Act.
4. That on the facts and circumstances of the case and in law, the Ld. TPO, as well as the Ld. DRP has failed to appreciate that the price at which the GRIDCO Limited/State Electricity Board provided electricity to the Appellant constituted a valid comparable price for transfer pricing analysis and, in doing so, has ignored
