https://www.taxtmi.com/caselaws?id=10643 The court held that tax at source under section 206C of the Income-tax Act should be collected on the actual price paid by the buyer, including excise duty on liquor. The court emphasized that statutory provisions override any contrary interpretations from previous judgments or ministerial letters. The decision favored the Revenue, ruling that excise duty forms part of the purchase price for tax collection purposes. The petition was referred to the regular Bench for further consideration on merit. en-us Wed, 12 Jan 2005 00:00:00 +0530 Mon, 20 Jul 2009 19:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10643 The court held that tax at source under section 206C of the Income-tax Act should be collected on the actual price paid by the buyer, including excise duty on liquor. The court emphasized that statutory provisions override any contrary interpretations from previous judgments or ministerial letters. The decision favored the Revenue, ruling that excise duty forms part of the purchase price for tax collection purposes. The petition was referred to the regular Bench for further consideration on merit. Case-Laws Income Tax Wed, 12 Jan 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10643