https://www.taxtmi.com/caselaws?id=17286 The High Court of Karnataka addressed the interpretation of section 194C of the Income-tax Act, 1961 regarding banquet charges in a case involving a public limited company and a shareholder. Justice G. C. Bharuka ruled that income-tax officials cannot issue clarifications binding on taxpayers, emphasizing that only the Central Government has statutory authority to remove doubts in Act provisions. The judgment quashed the clarification by the Deputy Commissioner of Income-tax and emphasized that taxpayers must adhere to the Act's provisions and judicial decisions, not unofficial clarifications by income-tax authorities. The writ petitions were allowed with no costs awarded. en-us Wed, 28 May 1997 00:00:00 +0530 Mon, 21 Sep 2009 13:11:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17286 The High Court of Karnataka addressed the interpretation of section 194C of the Income-tax Act, 1961 regarding banquet charges in a case involving a public limited company and a shareholder. Justice G. C. Bharuka ruled that income-tax officials cannot issue clarifications binding on taxpayers, emphasizing that only the Central Government has statutory authority to remove doubts in Act provisions. The judgment quashed the clarification by the Deputy Commissioner of Income-tax and emphasized that taxpayers must adhere to the Act's provisions and judicial decisions, not unofficial clarifications by income-tax authorities. The writ petitions were allowed with no costs awarded. Case-Laws Income Tax Wed, 28 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17286