https://www.taxtmi.com/caselaws?id=402285 The court allowed the writ petition challenging the Certificate under Section 197(1) of the Income Tax Act, which refused to grant NIL rate deduction to the petitioner. The court emphasized the mandatory requirements of Rule 28AA for tax liability computation, highlighting the assessing officer's non-application of mind and improper rejection of the assessee's estimates. Due to these deficiencies, the court set aside the impugned order and remanded the matter for fresh determination. The petitioner was granted the benefit of revised TDS rates for the financial year 2019-2020 and a 25% rebate due to the Covid-19 crisis. en-us Wed, 23 Dec 2020 00:00:00 +0530 Mon, 28 Dec 2020 09:46:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402285 The court allowed the writ petition challenging the Certificate under Section 197(1) of the Income Tax Act, which refused to grant NIL rate deduction to the petitioner. The court emphasized the mandatory requirements of Rule 28AA for tax liability computation, highlighting the assessing officer's non-application of mind and improper rejection of the assessee's estimates. Due to these deficiencies, the court set aside the impugned order and remanded the matter for fresh determination. The petitioner was granted the benefit of revised TDS rates for the financial year 2019-2020 and a 25% rebate due to the Covid-19 crisis. Case-Laws Income Tax Wed, 23 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402285