2020 (7) TMI 631

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.... Aggarwal, Sr. Standing Counsel J U D G M E N T MANMOHAN, J: (Oral) CM APPLs.16242-16243/2020 Allowed, subject to just exceptions. W.P. (C) 4510/2020 1. The petition has been listed before this Bench by the Registry in view of the urgency expressed therein. 2. The same has been heard by way of video conferencing. 3. Present writ petition has been filed seeking a direction t....

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....ication of the applications filed by the petitioner is contrary to Circular dated 9th June, 2015 issued by the Central Board of Direct Taxes. 6. Issue notice. 7. Mr. Sunil Aggarwal, learned counsel accepts notice on behalf of the respondent. He states that different High Courts subsequent to the judgment of CIT Vs. Ghanshyam Dass HUF (supra) have held that tax is payable on the interest rece....