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TMI Blog2023 (7) TMI 85X X X X Extracts X X X X X X X X Extracts X X X X ..... tanding Counsel with Mr Puneett Singhal and Mr Shivendra Singh, Jr Standing Counsels. ORDER RAJIV SHAKDHER, J. (ORAL): CM APPL. 27926/2023 1. Allowed, subject to just exceptions. W.P.(C) 7165/2023 2. Issue notice. 2.1 Mr Gaurav Gupta, learned senior standing counsel, accepts notice on behalf of the respondents/revenue. 3. Given the directions that we propose to pass, Mr Gupta says that ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... interest received from the NHAI was not amenable to imposition of income tax, NHAI deducted tax at source, both vis-à-vis the principal amount as well as the interest. 7. Insofar as the interest is concerned, tax at source was deposited by the NHAI for the relevant period i.e. AY 2020-21. However, as regards the principal amount, initially, tax at source was not deposited for the AY in is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n was, concededly, processed under Section 143(1) of the Act. The record indicates that the intimation under Section 143(1) of the Act served on the petitioner is dated 08.05.2021. 12.1 Via this intimation, demand amounting to Rs.2,95,490/- has been raised against the petitioner, albeit, without giving credit for the tax deducted at source on compensation. 13. It is in this context that the foll ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... extracted above, is made in that context. 14.2 Although the rectification application seeks credit for tax deducted at source vis-à-vis interest, it appears the petitioner has already received the same (as has been noted in paragraph 6 of the application dated 18.08.2022) 15. Accordingly, this writ petition is disposed of with the directions to JAO to render a decision on the pending rect ..... X X X X Extracts X X X X X X X X Extracts X X X X
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