https://www.taxtmi.com/caselaws?id=217950 The Tribunal upheld the applicability of Section 206C(1C) of the Income Tax Act for collecting Tax Collected at Source (TCS) on parking lots. It validated the demand raised by the Assessing Officer (AO) against the assessee for non-collection of TCS, amounting to Rs. 4,62,841/- for the financial years 2006-07, 2007-08, and 2008-09. The Tribunal dismissed the appeals, affirming the AO's decision and emphasizing the assessee's liability for TCS collection despite procedural errors and untraceable contractors. en-us Fri, 27 Apr 2012 00:00:00 +0530 Tue, 09 Aug 2016 14:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217950 The Tribunal upheld the applicability of Section 206C(1C) of the Income Tax Act for collecting Tax Collected at Source (TCS) on parking lots. It validated the demand raised by the Assessing Officer (AO) against the assessee for non-collection of TCS, amounting to Rs. 4,62,841/- for the financial years 2006-07, 2007-08, and 2008-09. The Tribunal dismissed the appeals, affirming the AO's decision and emphasizing the assessee's liability for TCS collection despite procedural errors and untraceable contractors. Case-Laws Income Tax Fri, 27 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217950