https://www.taxtmi.com/highlights?id=61134 Lower deduction certificate u/s 197 - The reasons proceed only on the basis of the liability, if any, which may, or may not, be fastened upon another group company, i.e. CAT-9. That, by itself, cannot be a justification for denying the “Nil‟ rate certificates to the petitioner. The reasons now brought out by Mr. Agarwal do not form part of the reasons contained in the impugned order and the respondents are precluded from citing those as reasons to justify the impugned order issued to the petitioner. - HC en-us Sat, 25 Dec 2021 13:49:10 +0530 Sat, 25 Dec 2021 13:49:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=61134 Lower deduction certificate u/s 197 - The reasons proceed only on the basis of the liability, if any, which may, or may not, be fastened upon another group company, i.e. CAT-9. That, by itself, cannot be a justification for denying the “Nil‟ rate certificates to the petitioner. The reasons now brought out by Mr. Agarwal do not form part of the reasons contained in the impugned order and the respondents are precluded from citing those as reasons to justify the impugned order issued to the petitioner. - HC Highlights Income Tax Sat, 25 Dec 2021 13:49:10 +0530 https://www.taxtmi.com/highlights?id=61134