2022 (4) TMI 1268

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.... ORDER Per Mahavir Prasad, JM The appeal has been preferred by the Revenue against the order of the Commissioner of Income Tax (Appeals)-8, Ahmedabad ('CIT(A)' in short) vide Appeal No. CIT(A)-8/11130/16-17 dated 03.10.2018 arising in the assessment order dated 22.12.2016 passed by the Assessing Officer (AO) under s. 143(3)) of the Income Tax Act, 1961 (the Act) concerning AY. 2014-1....

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....tatutory appeal before the learned CIT(A) who partly allowed the appeal of the assessee on the ground that in the assessment year 2012-13, learned predecessor CIT(A) had allowed the appeal of the assessee on the basis of her order in A.Y. 2011-12 which was upheld by the co-ordinate bench. 5. Now, Revenue is before us by way of second statutory appeal. 6. At the outset, leaned AR argued that ....

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....sions in support of its contention and same are stated therein, the steam was transferred at a higher price. Further assessee has submitted engineer certificate at Page No. 10 of Paper Book in which also the cost of generation of steam can be considered in the range of Rs. 1.16/- to 1.24/- per kg of steam. Further the saving in cost due to Captive production also cannot be ruled out which has been....