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2020 (7) TMI 632 - HC - Income TaxOrder u/s 197 - refusing to grant a certificate of deduction of tax at source at NIL rate, on payments to the petitioner company by its customers - HELD THAT:- Respondents while issuing the impugned certificate has placed detailed reasons on record - the petitioner had in its own application for grant of certificate of deduction of tax at source at NIL rate under Section 197 had mentioned the applicable rates as 2% and/or 10% during Financial Year 2020-21. She also states that the projected gross receipts during this Financial Year 2020-21 is projected to be 78% more than the preceding year according to the petitioner itself. Since detailed reasons are stated to be available on record, the present writ petition and the pending application are disposed of with a direction to the respondents to furnish a copy of the reasons to the petitioner within a week. In the event the petitioner is aggrieved by the said reasoned order, it shall be open to the petitioner to file appropriate legal proceedings in accordance with law. It is clarified that all the rights and contentions of the parties are left open.
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