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<h1>High Court upholds Income-tax Act sections 44AC and 206C based on Supreme Court ruling</h1> The High Court of Bombay upheld the validity of sections 44AC and 206C of the Income-tax Act, 1961, based on a Supreme Court ruling. The petitioners' ... Tax At Source The High Court of Bombay upheld the validity of sections 44AC and 206C of the Income-tax Act, 1961, based on a Supreme Court ruling. The petitioners' request to strike down the provisions was denied. The court ordered the respondent to decide on the petitioners' representation within one month. The petition was partly allowed with no costs, and the petitioners were advised to seek alternative remedies if needed.