https://www.taxtmi.com/caselaws?id=71273 The tribunal held that an order under section 206C of the Income-tax Act is appealable under section 246, dismissing the revenue's argument to the contrary. It was determined that section 206C does not apply to amounts payable by buyers with finalized assessments, specifically regarding the excise duty component. The tribunal upheld the CIT(A)'s decision that excise duty paid directly by buyers was not subject to tax collection under section 206C. Additionally, the tribunal affirmed the CIT(A)'s direction on charging interest under section 201(1A), dismissing the revenue's challenge. All revenue's appeals were dismissed, and the CIT(A)'s decisions were upheld. en-us Tue, 23 Aug 2005 00:00:00 +0530 Fri, 22 Apr 2011 12:30:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71273 The tribunal held that an order under section 206C of the Income-tax Act is appealable under section 246, dismissing the revenue's argument to the contrary. It was determined that section 206C does not apply to amounts payable by buyers with finalized assessments, specifically regarding the excise duty component. The tribunal upheld the CIT(A)'s decision that excise duty paid directly by buyers was not subject to tax collection under section 206C. Additionally, the tribunal affirmed the CIT(A)'s direction on charging interest under section 201(1A), dismissing the revenue's challenge. All revenue's appeals were dismissed, and the CIT(A)'s decisions were upheld. Case-Laws Income Tax Tue, 23 Aug 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71273