Examine Form No 15G/15H of depositor to whom Interest is paid- ITAT directs AO

Canara Bank Vs DCIT (ITAT Delhi) The fact of this case clearly shows that original order passed u/s 201(1) and 201(1A) of the Act on 24.03.2014 where the Assessee was found to be an assessee in default and also charged interest thereon comprising all the above sum. The appeal before the ld CIT(A) was filed on 23.04.2013, subsequently, on 18.09.2015 the ld AO has rectified the mistake apparent in the order and thereafter reduced the demand from Rs. 3,74,10,430/- to only Rs. 21,28,983/-. Thus, during the pendency of the appeal, the LD AO has rectified his mistake and reduced demand substantially...