https://www.taxtmi.com/caselaws?id=199131 The High Court granted relief to the petitioner, a company, in a dispute with the Income Tax department over the refund of excess TDS deducted. The court held that the petitioner, having made a genuine mistake in deducting tax at a higher rate, was entitled to a refund under the law. Emphasizing the need for fair consideration, the court directed the competent authority to decide on the refund application promptly and in accordance with legal provisions, condoning the delay in approaching the CBDT. en-us Thu, 15 Feb 2018 00:00:00 +0530 Wed, 21 Feb 2018 11:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=199131 The High Court granted relief to the petitioner, a company, in a dispute with the Income Tax department over the refund of excess TDS deducted. The court held that the petitioner, having made a genuine mistake in deducting tax at a higher rate, was entitled to a refund under the law. Emphasizing the need for fair consideration, the court directed the competent authority to decide on the refund application promptly and in accordance with legal provisions, condoning the delay in approaching the CBDT. Case-Laws Income Tax Thu, 15 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=199131