https://www.taxtmi.com/caselaws?id=17125 Section 206C of the Income-tax Act was applied strictly and, on the Assam excise framework, was treated as not extending to lessees of country spirit shops. The scheme under the Assam Excise Act, 1910 and the Assam Excise Rules, 1945 showed that the shops were settled by tender, prices were fixed by the State, and the transactions operated within a controlled statutory regime. Because the statutory definition of "buyer" excludes goods not obtained by auction where the sale price is fixed by or under a State Act, tax collection at source was considered inapplicable to such regulated excise licensees. en-us Fri, 01 Aug 1997 00:00:00 +0530 Tue, 15 Sep 2009 13:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17125 Section 206C of the Income-tax Act was applied strictly and, on the Assam excise framework, was treated as not extending to lessees of country spirit shops. The scheme under the Assam Excise Act, 1910 and the Assam Excise Rules, 1945 showed that the shops were settled by tender, prices were fixed by the State, and the transactions operated within a controlled statutory regime. Because the statutory definition of "buyer" excludes goods not obtained by auction where the sale price is fixed by or under a State Act, tax collection at source was considered inapplicable to such regulated excise licensees. Case-Laws Income Tax Fri, 01 Aug 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17125