https://www.taxtmi.com/caselaws?id=388510 The HC quashed the 0.5% withholding tax certificate issued to the petitioner, a German company, under Section 197 of the Income Tax Act, for FY 2019-20 and AY 2020-21. The court found the certificate arbitrary, given the petitioner's NIL taxable income in India under the India-Germany DTAA. Citing Bentley Nevada LLC, the court directed the issuance of a new certificate with a NIL rate of tax deduction, pending reevaluation by the Respondents. en-us Wed, 06 Nov 2019 00:00:00 +0530 Thu, 07 Nov 2024 14:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388510 The HC quashed the 0.5% withholding tax certificate issued to the petitioner, a German company, under Section 197 of the Income Tax Act, for FY 2019-20 and AY 2020-21. The court found the certificate arbitrary, given the petitioner's NIL taxable income in India under the India-Germany DTAA. Citing Bentley Nevada LLC, the court directed the issuance of a new certificate with a NIL rate of tax deduction, pending reevaluation by the Respondents. Case-Laws Income Tax Wed, 06 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388510