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2023 (1) TMI 1281

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..... t over its rights, we are prima facie of the view that since public money is involved, and because both the petitioner-bank and the NOIDA fall in the category of entities which deal with public funds, the respondents/revenue could consider repaying the money to the petitioner-bank for onward transmission to NOIDA. We may note that the NOIDA has been following up the matter, despite which, the p .....

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..... Appl.126/2023 1. Allowed, subject to the petitioner filing legible copies of the annexures, at least three days before the next date of hearing. W.P.(C) 51/2023 2. Mr Salil Kapoor, who appears on behalf of the petitioner, says that the law with respect to deduction of tax at source, with regard to payments made to local authorities, including New Okhla Industrial Development Autho .....

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..... of the Income Tax Act, 1961 [in short, the Act ]. 5. We may also note that insofar as the AY in issue is concerned i.e., AY 2005-06, an order dated 30.03.2013 was passed under Section 154 of the Act, whereby the original demand raised against the petitioner-bank amounting to Rs.1,36,04,250/- was reduced to Rs.50,89,894/-. The petitioner-bank, it appears, did not seek even the enforcement of th .....

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