The Delhi High Court directed the Income Tax Department to issue a Nil-rate Tax Deducted at Source (TDS) certificate to Ernst & Young LLP under Section 195 of the Income Tax Act, 1961, holding that the tax authority had acted contrary to earlier court directions by issuing a certificate prescribing a 5.25% withholding rate. The…
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Income Tax Dept. Acted Contrary to Earlier Court Directions by Issuing 5.25% TDS Withholding Certificate Instead of Nil Rate to E&Y: Delhi HC
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.
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