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M/S Godawari Power & Ispat Ltd.,, Raipur ... vs Dy. C.I.T.1(2), Raipur (Cg) on 1 October, 2018

9.3 In view of aforesaid observations, since the issue is duly deliberated upon by the Hon'ble Jurisdictional High Court of Chhattisgarh in the case of CIT v Godavari Power & Ispat Ltd. (supra), wherein Hon'ble Court has decided that "the AO committed an illegality in computing the market value by taking into account the rate charged to a supplier; it should have been compared with the market value of power supplied to a consumer".
Income Tax Appellate Tribunal - Raipur Cites 39 - Cited by 4 - Full Document
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