broad conclusions were that Parliament was competent to enact section 44AC and 206C and that section 206C did not suffer from any constitutional infirmity ... 44AC was merely an adjunct to and explains the provisions in section 206C . A regular assessment has to be made in respect of an assessee
Years: 2011-12&2012-13
attention to the provisions of section 206C(1C) of the Act which pertain to
collection of Income Tax from ... deducted @
20%. The Ld. AR further submitted that provisions of section 206C(1C)
were applicable to the assessee which falls under chapter XVIIBB
Officer (TDS), Srinagar, (in brevity the AO) order passed u/s 206C (1) r.w.s.
6A/7 of the Act date of order ... assessee was default in collection
of TCS u/s 206C from sale of scrap. The nature of goods is basically sale/purchase
of all types
collected at source as per provisions of
section 206C(1C) of the Act. The assessee was required to collect tax @ 2% of
the payments received ... from such contractors. For the sake of convenience the
provisions of section 206C and (1C) are reproduced below:
"206C Every person, being a seller
business of trading in Scrap and the
provisions of section 206C (1) of the Act 61, is applicable on him for collection ... 2023
Assessment Year: 2022-23
provisions of section 206C (1) of the Act 61, is applicable on him for collection of
tax at specified percentage
emanated from the order of the ITO (TDS), Jalandhar passed u/s 206C(6A) of the Act,
1961 dated ... JLDG01261B], has failed to collect the TCS as per provisions of section 206C(6A)
and 206C(7) of the Act, 1961 relating to the receipts
section 200 or the proviso to subsection (3) of section
206C , he shall be liable ... section
200 or the proviso to sub-section (3) of section 206C .
(4) The provisions of this section shall apply to a
statement referred
section 200 or the proviso to subsection (3) of section
206C, he shall be liable ... section
200 or the proviso to sub-section (3) of section 206C.
(4) The provisions of this section shall apply to a
statement referred
section 200 or the proviso to
subsection (3) of Sec. 206C , he shall be liable ... section 200 or the proviso to
sub-section(3) of section 206C .
6 ITA No.110 (Asr)/2017
Asst. Year: 2014-15
(4) The provisions
lacs on the total collections and consequentially
charged interest thereon u/s 206C(7) amounting to Rs.1.26 lacs. The second
phase ... stand is
that these being contract payments according to sections 206C(6) and
section 194C, the toll tax collections and contract payments made to PSEB
