https://www.taxtmi.com/caselaws?id=405003 The Court directed the concerned officer to issue a tax deduction certificate under Section 197 of the Income Tax Act for the FY 2020-2021 at rates consistent with those applied for FY 2018-2019 and FY 2019-2020 for offshore supply contracts. The assessee was required to confirm willingness to deposit any deficit amount within four weeks if the writ petition failed, with further proceedings scheduled for 16.04.2021. The decision aimed to ensure uniformity in tax deduction rates, considering the evolving circumstances and arguments presented by the parties. en-us Tue, 02 Mar 2021 00:00:00 +0530 Tue, 09 Mar 2021 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405003 The Court directed the concerned officer to issue a tax deduction certificate under Section 197 of the Income Tax Act for the FY 2020-2021 at rates consistent with those applied for FY 2018-2019 and FY 2019-2020 for offshore supply contracts. The assessee was required to confirm willingness to deposit any deficit amount within four weeks if the writ petition failed, with further proceedings scheduled for 16.04.2021. The decision aimed to ensure uniformity in tax deduction rates, considering the evolving circumstances and arguments presented by the parties. Case-Laws Income Tax Tue, 02 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405003