Indian Kanoon - Search engine for Indian Law

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

section (2), where interest is charged under sub-section (7) of section 206C on the amount of tax specified in the intimation issued under

person collecting any sum (herein referred to as collector) under section 206C, such statement shall be processed in the following manner, namely: - (a) the sums ... under clause (b) and clause (c) against any amount paid under section 206C or section 234E and any amount paid otherwise

Section 54 in Finance Act, 2015 54. Insertion of new section 206C. - In section 206C of the Income-tax Act, after sub-section

section (2A) of section 200 or sub-section (3A) of section 206C,"; (b) in the first proviso, for the words, brackets, figures and letter "statements ... section 200 or the proviso to sub-section (3) of section 206C", the words, brackets, figures and letters "statements under sub-section

collector/deductor is not exempt from the chargeability of interest u/s 206C(7) of the Act and penalty provisions u/s 271CA ... During the course of TDS inspection and assessment proceedings u/s 206C (IC) / 206 C(7) of the Act it was noted that the assessee

2013 against the sustenance of demand against the assessee u/ss 206C(6) and 206C(7) of the Income-tax Act, 1961 (hereinafter also called ... sold Lisa during the financial year 2007-08 to buyers u/s 206C(1) of the Act amounting

assessee in default' and against creating demand under sections 206C(1) and 206C(7) of the Income Tax Act, 1961 (in short ... waste, which he had failed to do. Hence, a demand under section 206C(1) of the Act in respect of tax not collected and interest

assessee, it assails being treated as one in default under section 206C(6A) of the Income- tax Act, 1961 [hereinafter referred ... Krishnamurthy Anand Page 3 of 9 collect tax at source under section 206C, but had failed to do. He put the assessee on notice. Reply

statement. Similarly, the proviso to sub-section (3) of section 206C and which deal with profits and gains from the business of trading in alcoholic ... Though in the present case we are not concerned with section 206C, we are referring to it in passing only because the proviso