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Commissioner Of Income Tax - Iv vs Hindustan Coca Cola Beverages Pvt. Ltd. on 14 January, 2011

7. We have heard the rival contentions and perused the material available on record. We find that, in this case, the Assessing Officer has held the assessee as "assessee in default" in respect of sale amounting to ` 54,53,414 only within the meaning of section 201(1) of the Act and the Assessing Officer has not treated the assessee as "assessee in default" for collection of TCS in respect of sale amounting to ` 12,40,93,199 on the basis of confirmation filed by TAN holder which has been accepted by the Assessing Officer in view of the decision of the Hon'ble Supreme Court in Hindustan Coco Cola (supra).
Delhi High Court Cites 16 - Cited by 75 - D Misra - Full Document
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