https://www.taxtmi.com/caselaws?id=9847 The court affirmed that the appellants were required to collect tax at source under Section 206C of the Income-tax Act as the buyers obtained goods through public auction. It upheld the jurisdiction of the Assessing Officer to pass assessment orders, emphasizing the appellants' failure to raise jurisdictional issues initially. The court found that the principles of natural justice were adhered to in the assessment process. The circulars issued by the Excise Commissioner were deemed invalid and unable to exempt the appellants from their tax collection obligations. The court upheld the validity of the assessment orders and allowed adjustments if proof of direct tax payments by buyers was provided. en-us Mon, 13 Mar 2006 00:00:00 +0530 Thu, 31 Jan 2013 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9847 The court affirmed that the appellants were required to collect tax at source under Section 206C of the Income-tax Act as the buyers obtained goods through public auction. It upheld the jurisdiction of the Assessing Officer to pass assessment orders, emphasizing the appellants' failure to raise jurisdictional issues initially. The court found that the principles of natural justice were adhered to in the assessment process. The circulars issued by the Excise Commissioner were deemed invalid and unable to exempt the appellants from their tax collection obligations. The court upheld the validity of the assessment orders and allowed adjustments if proof of direct tax payments by buyers was provided. Case-Laws Income Tax Mon, 13 Mar 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9847