Income Tax, HC Delhi Judgement Dated 10/02/2026 – Revenue cannot ignore Tribunal Findings while issuing Certificate under Section 197 

Case of Financial and Risk Organisation Limited vs ITO, HC Delhi Judgement Dated 10th February 2026. The petitioner, a UK Company, challenged the 15% tax withholding certificate, as previous findings indicated a Nil rate was appropriate due to the nature of their business with Indian entities. HC held that the Revenue cannot ignore ITAT findings in previous years when issuing Section 197 tax withholding certificates. 

(Link: HC Delhi Judgement Dated 10/02/2026)

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