https://www.taxtmi.com/caselaws?id=5972 Section 206C of the Income-tax Act applies only where payment to the seller gives the payer a right to receive specific goods or to collect them under the statutory scheme. A Government liquor licence merely permits the licensee to conduct liquor trade and the licence fee does not, by itself, confer a right to lift particular goods from a manufacturer or supplier. On that construction, the licensee was not a "buyer" within section 206C, so the provision did not apply to Government licences for liquor trade. The SC dismissed the special leave petition. en-us Mon, 19 Feb 2001 00:00:00 +0530 Sat, 25 Aug 2018 10:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5972 Section 206C of the Income-tax Act applies only where payment to the seller gives the payer a right to receive specific goods or to collect them under the statutory scheme. A Government liquor licence merely permits the licensee to conduct liquor trade and the licence fee does not, by itself, confer a right to lift particular goods from a manufacturer or supplier. On that construction, the licensee was not a "buyer" within section 206C, so the provision did not apply to Government licences for liquor trade. The SC dismissed the special leave petition. Case-Laws Income Tax Mon, 19 Feb 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5972