https://www.taxtmi.com/acts?id=10151 Amendments to section 206C redefine responsible parties and adjust temporal provisions, and insert sub section (6A) deeming any person responsible for collecting tax who fails to collect or to remit collected tax as an assessee in default, while permitting penalty under section 221 only where the Assessing Officer is satisfied there were no good and sufficient reasons for the failure; terminology replaces "seller" with "person responsible for collecting tax" and ties interest payment to the quarterly statement filing. en-us Wed, 22 Oct 2008 17:20:46 +0530 Fri, 29 Aug 2025 18:27:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=10151 Amendments to section 206C redefine responsible parties and adjust temporal provisions, and insert sub section (6A) deeming any person responsible for collecting tax who fails to collect or to remit collected tax as an assessee in default, while permitting penalty under section 221 only where the Assessing Officer is satisfied there were no good and sufficient reasons for the failure; terminology replaces "seller" with "person responsible for collecting tax" and ties interest payment to the quarterly statement filing. Act-Rules F. Acts / Amendment Acts Wed, 22 Oct 2008 17:20:46 +0530 https://www.taxtmi.com/acts?id=10151