collection of tax at source under sub-section (3A) of section 206C thereof for the month of February or March, 2020, or for the quarter ... source under proviso to sub-section (3) of section 206C thereof for the month of February or March, 2020, or for the quarter ending
cases in which tax has to be collected under section 206C of the Income-tax Act, the collection shall be made at the rates specified
within the time prescribed
u/s 200(3) or Section 206C(3) . Section 200A deal with processing of
statements of tax deducted at source ... section 200 or the proviso to sub-section (3) of section 206C , he shall be liable
Section 95 in Finance Act, 2020
95. Amendment of section 206C.
- In section 206C of the Income-tax Act with effect from
Assessee's appeal):
"1. The impugned order passed u/s 206C(6) r/w 206C(7) of the Act
dated ... case in holding that the impugned order passed u/s 206C(6) r/w 206C(7)
of the Act dated
observed that the assessee was liable to deduct tax U/s
206C(1) in respect of scrap sale affected ... respect of scrap sold by
him under the provisions of Section 206C(1) of the Act and held that
the assessee was in default
firm, as an activity of
sale of scrap, as defined in section 206C(1) of the I.T. Act,
1961, thereby wrongfully treating the appellant ... Because the CIT(A) has wrongly interpreted the
provisions of section 206C and has erred in upholding, that
the business of trading in metals, carried
Ajmer arising from the order of the Assessing
Officer passed U/s 206C(6A)/206C(7) of the IT Act for the assessment
year ... facts in confirming the order passed U/s
206C(6A)/206C(7) by Income Tax Officer TDS, Ajmer.
ITA No.1023/JP/2019
Shri Pramod
section (1) of section 201 or sub-section (6A) of section 206C, issuance of certificate for lower collection of tax under sub-section ... section 206C or passing of order or amended order under sub-section (3) or sub-section (4) of section 210, or reduction or waiver
three-fourth of the rate specified in these sections.";
(XXX) in section 206C, after sub-section (10), the following sub-section shall be inserted
