https://www.taxtmi.com/caselaws?id=13801 The High Court held that L-14 and L-14A license holders are not considered "buyers" under section 206C of the Income-tax Act, 1961. It was established that the Excise Department is not required to collect income-tax at source from such licensees. Additionally, L-14A license holders were not deemed "sellers" under the Act as the license fee paid was not part of the amount payable at the time of sale. The court deemed the notices for income-tax deposit as illegal, quashing them and granting relief to the petitioners. en-us Sat, 26 Aug 2000 00:00:00 +0530 Thu, 02 Jul 2009 18:40:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13801 The High Court held that L-14 and L-14A license holders are not considered "buyers" under section 206C of the Income-tax Act, 1961. It was established that the Excise Department is not required to collect income-tax at source from such licensees. Additionally, L-14A license holders were not deemed "sellers" under the Act as the license fee paid was not part of the amount payable at the time of sale. The court deemed the notices for income-tax deposit as illegal, quashing them and granting relief to the petitioners. Case-Laws Income Tax Sat, 26 Aug 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13801