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2018 (8) TMI 1473

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....r. Vinayak Mathur and Mr. Vipin Upadhyay, Advocates. Respondent Through Mr. Ruchir Bhatia, Sr. Standing Counsel. O R D E R Counsel for the petitioner states that due to misapprehension and wrong communication, he had stated that the petitioner would not press for refund of Rs. 380 crores, if rate of deduction of tax at source is reduced to 5.2%. Counsel for the petitioner states that he w....

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....after detailed consideration within a period of 20 days from today. 4. Counsel for the petitioner initially had reservation, but during the course of hearing has agreed to the suggestion given by the counsel for the respondents with hope and trust that there would be independent application of mind by the Commissioner on the facts and circumstances of case without being influenced by the observ....