https://www.taxtmi.com/caselaws?id=13064 The court held that L-13 and L-14 licensees are not liable for tax deduction at source under Section 206C of the Income-tax Act. The demands and notices issued to the petitioners and their bankers were declared illegal and quashed. The court relied on previous decisions affirming the exemption of L-13 and L-14 licensees from Section 206C. The writ petitions were allowed, and parties were left to bear their own costs. en-us Wed, 13 Dec 2000 00:00:00 +0530 Tue, 26 May 2009 12:22:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13064 The court held that L-13 and L-14 licensees are not liable for tax deduction at source under Section 206C of the Income-tax Act. The demands and notices issued to the petitioners and their bankers were declared illegal and quashed. The court relied on previous decisions affirming the exemption of L-13 and L-14 licensees from Section 206C. The writ petitions were allowed, and parties were left to bear their own costs. Case-Laws Income Tax Wed, 13 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13064