https://www.taxtmi.com/caselaws?id=789133 Compounding fee or fine recovered from illegal miners and transporters of minerals was held not to be chargeable as tax collected at source under section 206C(1C) of the Income-tax Act merely by relying on the definition of "goods" in section 2(47). The High Court set aside the ITAT's demand, interest and penalty order for non-compliance with section 206C(1C), holding that the statutory basis for such collection was unsustainable. The Supreme Court declined to interfere with that judgment and dismissed the special leave petition. en-us Thu, 02 Apr 2026 00:00:00 +0530 Fri, 03 Apr 2026 08:49:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789133 Compounding fee or fine recovered from illegal miners and transporters of minerals was held not to be chargeable as tax collected at source under section 206C(1C) of the Income-tax Act merely by relying on the definition of "goods" in section 2(47). The High Court set aside the ITAT's demand, interest and penalty order for non-compliance with section 206C(1C), holding that the statutory basis for such collection was unsustainable. The Supreme Court declined to interfere with that judgment and dismissed the special leave petition. Case-Laws Income Tax Thu, 02 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789133