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The Economic Times

Economy / The Economic Times

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Delhi HC quashes I-T order to EY on withholding tax

The Delhi High Court has overturned an Income Tax Department ruling concerning Ernst & Young. The court ordered a fresh review of Ernst & Young's request for a nil withholding certificate. This pertains to a payment of 1,750 crore rupees to its UK-based entity. The tax department had previously rejected the plea, citing a virtual permanent establishment in India.

15 Jan 2026 12:12 am