Link Quest Telecom Ltd v. The Commissioner Of Income Tax & Anr

$~10 IN THE HIGH COURT OF DELHI AT NEW DELHI +W.P.(C) 9621/2019 & CM No.39673/2019 LINK QUEST TELECOM LTD..... PetitionerThrough:Mr.Rajat Mittal, AdvocateThrough:Mr.Rajat Mittal, Advocate versus THE COMMISSIONER OF INCOME TAX & ANR. ..... Respondents Through:Mr.Ruchir Bhatia, Senior StandingCounsel with Ms.Mahura M.N.,Advocate CORAM:HON'BLE MR. JUSTICE VIPIN SANGHIHON’BLE MS. JUSTICE REKHA PALLIO R D E R%09.12.2019 1. In terms of our earlier order, the ACIT, TDS Circle-75(1), New Delhi haspassed a fresh order under Section 264(7) of the Income Tax Act dated 4[th]December, 2019 in relation to the petitioner for the financial year 2019-20.The lower tax deduction at source, as sought by the petitioner/assessee inits original application at 1% has been allowed for the balance part of thefinancial year 2019-20.The assessee has also been granted permission toadjust excess amount of TDS deducted between 21[st]July, 2019 to the date ofthe said order for future payments in terms of the directions of thisCourt.This order dated 4[th]December, 2019 satisfies the concerns of thepetitioner. 2.Mr.Bhatia,learned senior standing counsel, however, submits that there arecertain aspects which would need to be examined at the stage of carrying out the assessment for the assessment year 2020-21. In this regard, he hastendered in Court an additional submission. 3. We have no doubt that the respondents will examine the said aspects asand when the occasion arises.and when the occasion arises. 4. The petition and the application stand disposed of. VIPIN SANGHI, J DECEMBER 09, 2019v REKHA PALLI, J