https://www.taxtmi.com/caselaws?id=314344 The HC addressed a writ petition challenging the revenue authority's decision on the petitioner's application for a "nil" rate tax deduction certificate under Section 197 of the Income Tax Act, 1961. The petitioner, who received compensation for 33,482 ESOPs from a former employer's group company, must submit an affidavit detailing the reduction of ESOPs from 1,27,552 to 33,482. The petitioner is to file this affidavit within 10 days, with the next hearing set for 06.10.2023. en-us Wed, 23 Aug 2023 00:00:00 +0530 Sat, 01 Jun 2024 15:28:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314344 The HC addressed a writ petition challenging the revenue authority's decision on the petitioner's application for a "nil" rate tax deduction certificate under Section 197 of the Income Tax Act, 1961. The petitioner, who received compensation for 33,482 ESOPs from a former employer's group company, must submit an affidavit detailing the reduction of ESOPs from 1,27,552 to 33,482. The petitioner is to file this affidavit within 10 days, with the next hearing set for 06.10.2023. Case-Laws Income Tax Wed, 23 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314344