AO should assign reasons for grant of lower deduction certificate if assessee has applied for nil deduction certificate

INCOME TAX : Where lower rate tax certificates were issued to assessee under section 197 as against request for such certificate at nil rate, however, no reasons were provided for not granting nil rate certificates and contemporaneous order required to be passed under section 197 was also not available, matter was to be remanded back to Deputy Commissioner for passing order afresh

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