https://www.taxtmi.com/caselaws?id=20641 Section 206C permits collection of income-tax only by persons falling within the statutory definition of "seller". A wholesaler whose status is an individual, Hindu undivided family or association of persons is excluded from that class and cannot collect tax at source; the wholesaler's actual status must be established before applying that consequence. For country spirit, the permissible collection base is confined to the cost price of the spirit purchased. Amounts deposited under interim arrangements may require consequential adjustment in accordance with the wholesaler's statutory status and the cost-price basis of collection. en-us Fri, 18 Sep 1992 00:00:00 +0530 Mon, 16 Nov 2009 12:47:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20641 Section 206C permits collection of income-tax only by persons falling within the statutory definition of "seller". A wholesaler whose status is an individual, Hindu undivided family or association of persons is excluded from that class and cannot collect tax at source; the wholesaler's actual status must be established before applying that consequence. For country spirit, the permissible collection base is confined to the cost price of the spirit purchased. Amounts deposited under interim arrangements may require consequential adjustment in accordance with the wholesaler's statutory status and the cost-price basis of collection. Case-Laws Income Tax Fri, 18 Sep 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20641