https://www.taxtmi.com/caselaws?id=465960 Whether a seller may issue a blanket direction to collect TCS under s.206C(1): HC held such blanket directives are impermissible because s.206C(1A) read with Rule 37C prescribes conditions under which collection is not to be made; a seller is not empowered to ignore those statutory stipulations merely on allegations of misdeclaration. Outcome: notices requiring universal TCS from all bulk purchasers for self-use are unlawful insofar as they apply without verification and despite valid Form 27C declarations. If purchasers fail to furnish declarations as per s.206C(1A)/Rule 37C, the seller may then insist on TCS as provided by law. en-us Mon, 03 Dec 2018 00:00:00 +0530 Thu, 15 Jan 2026 15:02:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465960 Whether a seller may issue a blanket direction to collect TCS under s.206C(1): HC held such blanket directives are impermissible because s.206C(1A) read with Rule 37C prescribes conditions under which collection is not to be made; a seller is not empowered to ignore those statutory stipulations merely on allegations of misdeclaration. Outcome: notices requiring universal TCS from all bulk purchasers for self-use are unlawful insofar as they apply without verification and despite valid Form 27C declarations. If purchasers fail to furnish declarations as per s.206C(1A)/Rule 37C, the seller may then insist on TCS as provided by law. Case-Laws Income Tax Mon, 03 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465960