2021-22/1035852547(1) dated 24-09-2021, in
proceedings under section 206C of the Income Tax Act, 1961; in short ... Rajkot
holding that the appellant-assessee was in default u/s 206C(1) read
with sub-sections
enforceability of requirement to file return under Section
200(3) and Section 206C(3) was by virtue of Section
272A ... statements
or particulars mentioned in section 133 or section 206 or
section 206C or section 28513; or
(d) to allow inspection of any register referred
deleting the additions made by
the Assessing officer under Section
206C(6) / 206C(7) of the Income Tax Act, 1961 ?
ii) Whether on the facts ... different from timber
when there is no distinction drawn under Section
206C of the Income Tax Act, except in the case of
timber obtained under
section 200 or the proviso to sub-section (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 sub-section (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
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
200 or the proviso to sub-section (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
enforceability of
requirement to file return under Section 200(3) and Section
206C(3) was by virtue of Section 272A ... statements or particulars mentioned in section 133 or
section 206 or section 206C or section 28513; or
(d) to allow inspection of any register referred
confirming the findings of the assessing
officer that provisions of section 206C is applicable on traders of scrap.
2. The ld. CIT(A) has erred ... erred by levy of interest U/s 206C(7) of Rs. 222646
of the IT Act for the above issues."
3. The assessee
also on facts in confirming charging of
interest u/s.206C(7) of the Act at Rs.1,58,080/-. The interest levied ... liability determined u/s.206C(6) is totally unjustified on facts as also
in law and may kindly be deleted."
3. Brief facts
