GODAWARI POWER AND ISPAT LTD.,RAIPUR vs. DEPUTY COMMISSIONER OF INCOME TAX, NATIONAL INFORMATICS CENTER, DELHI, DELHI

In the result, appeal of the assessee is allowed

Bench: SHRI RAVISH SOOD (Judicial Member), SHRI ARUN KHODPIA (Accountant Member)

144C(3) of the Act. The TPO vide letter dated 13/01/2022 received by AO’s office on 16/01/2022 forwarded the revised computation as per the directions given by Ld DRP in order dated 28/12/2021. The TPO in its letter stated that - "the assessee has transferred power from Unit-2 at Rs.61,72,090,010/-. Accordingly total downward adjustment amounting