ICRA TDS Dispute: Supreme Court Impleads Tax Department

Supreme Court hears appeal in Naresh Takkar vs ICRA case regarding TDS deduction from ₹10.75 crore settlement.
High Court ruled settlement was judgment debt but directed ICRA to seek TDS refund rather than pay deducted ₹4.13 crore.
Income Tax Department rejected ICRA's refund application on 18 February 2026, complicating recovery of deducted amount.
Supreme Court orders impleadment of Income Tax Department and allows petitioner to apply directly for TDS refund.