https://www.taxtmi.com/caselaws?id=786215 A certificate for withholding tax under Section 197 is to be issued at a 2% rate as a temporary measure, because the competent authority relied on assessment findings and an AAR decision later overruled by higher precedent; those defects led to setting aside the earlier impugned order and certificate. The 2% certificate must be issued within 15 days and applies only for the assessment year 2026-27 (financial year 2025-26). The matter remains subject to the pending tribunal proceedings and future applications must be decided in accordance with law. en-us Thu, 29 Jan 2026 00:00:00 +0530 Mon, 09 Feb 2026 09:17:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786215 A certificate for withholding tax under Section 197 is to be issued at a 2% rate as a temporary measure, because the competent authority relied on assessment findings and an AAR decision later overruled by higher precedent; those defects led to setting aside the earlier impugned order and certificate. The 2% certificate must be issued within 15 days and applies only for the assessment year 2026-27 (financial year 2025-26). The matter remains subject to the pending tribunal proceedings and future applications must be decided in accordance with law. Case-Laws Income Tax Thu, 29 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786215