The court’s decision to refund the TCS follows the precedent set in Adhunik Power and Natural Resources Ltd. v. Central Coalfields Ltd.
In the recent case, the Jharkhand High Court, disposed of the writ petition which sought a refund of the Tax Collected at Source ( TCS ) amount. The court resolved the matter based on its earlier landmark decision, finding that the issue was directly covered by that precedent. R.S Coke Industries (Pvt.) Ltd., the petitioner/assessee,…
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