section (2A) of section 200 of that Act or statement of collection of tax at source under sub-section (3A) of section 206C thereof ... section (3) of section 200 of that Act or statement of collection of tax at source under proviso to sub-section (3) of section 206C
cases in which tax has to be collected under the proviso to section 194B of the Income-tax Act, the collection shall be made ... 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 shall apply to a statement referred to in sub-section
(3) of section 200 or the proviso to sub-section (3) of section 206C ... section (2A) or sub section (3) of section
200 or the proviso to sub-section (3) or under sub-section (3A) of section 206C] shall
Section 95 in Finance Act, 2020
95. Amendment of section 206C.
- In section 206C of the Income-tax Act with effect from
27BA before submission with claim of relief in view proviso to Sec. 206C
read with Notification No.12/2016 dated 08.12.2016.
3. Whether ... required to collect tax at source as per the
provisions of section 206C(1) of the Income Tax Act, 1961. During the course
of survey
Commissioner in terms of the
provisions of sub-section (1A) and (1B) of section 206C . Accordingly, the
default in doing so and non-filing ... Chief Commissioner or
Commissioner in terms of Section 201(1) / 201(1A) of section 206C of the
Act. It was not the case
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 ... therefore, the Assessing Officer passed an order under section
206C(6) , 206C(6A) and 206C(7) of the Income Tax Act, 1961. It
was submitted
default in respect of non collection of tax in terms of
Section 206C(6A) /(7) of the Act. Accordingly, the AO passed the
impugned order ... determined
at Rs. 2,55,540/- and interest as per Section 206C(7) of the Act of Rs
97,651/- was also charged. The assessee
assessee in default under sub-section (1) of section 201 or sub-section (6A) of section 206C, issuance of certificate for lower collection ... under sub-section (9) of section 206C or passing of order or amended order under sub-section (3) or sub-section (4) of section
194J, 194K,194LA, sub-section (1) of section 194LBA, clause (i) of section 194LBB, sub-section (1) of section 194LBC, sections 194M ... being the three-fourth of the rate specified in these sections.";
(XXX) in section 206C, after sub-section (10), the following sub-section shall
