https://www.taxtmi.com/caselaws?id=209908 The Tribunal upheld the decision of the CIT(A) that the assessee, a cooperative society, is liable for Tax Collection at Source (TCS) under section 206C of the Income-tax Act. The Tribunal also affirmed that TCS provisions apply to sales used in the manufacturing process and that the assessee is obligated to pay TCS, irrespective of whether buyers have already paid tax on the transactions. Compliance with the specific provisions of the Income-tax Act was emphasized in the decision, resulting in the dismissal of the assessee's appeal. en-us Thu, 02 Jun 2011 00:00:00 +0530 Tue, 09 Jul 2013 10:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209908 The Tribunal upheld the decision of the CIT(A) that the assessee, a cooperative society, is liable for Tax Collection at Source (TCS) under section 206C of the Income-tax Act. The Tribunal also affirmed that TCS provisions apply to sales used in the manufacturing process and that the assessee is obligated to pay TCS, irrespective of whether buyers have already paid tax on the transactions. Compliance with the specific provisions of the Income-tax Act was emphasized in the decision, resulting in the dismissal of the assessee's appeal. Case-Laws Income Tax Thu, 02 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209908