https://www.taxtmi.com/highlights?id=96713 Certificate for withholding tax was set aside because the competent authority failed to consider the petitioner's submissions and relied on an AAR decision subsequently overruled by a High Court; accordingly the impugned order and certificate are quashed. The court directed issuance of a withholding tax certificate at 2% (parity with the equalization levy) as an interim measure for the relevant assessment year, to be issued within 15 days. The direction applies only to the specified year; pending appeals before the Tribunal may affect future years and the competent authority must decide subsequent applications in accordance with law. en-us Mon, 09 Feb 2026 09:18:00 +0530 Mon, 09 Feb 2026 09:18:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=96713 Certificate for withholding tax was set aside because the competent authority failed to consider the petitioner's submissions and relied on an AAR decision subsequently overruled by a High Court; accordingly the impugned order and certificate are quashed. The court directed issuance of a withholding tax certificate at 2% (parity with the equalization levy) as an interim measure for the relevant assessment year, to be issued within 15 days. The direction applies only to the specified year; pending appeals before the Tribunal may affect future years and the competent authority must decide subsequent applications in accordance with law. Highlights Income Tax Mon, 09 Feb 2026 09:18:00 +0530 https://www.taxtmi.com/highlights?id=96713