2000 (2) TMI 790

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....tion 206-C of the Income Tax Act, 1961 refers to a case where by reason of the payment to the seller the producer gets specific goods mentioned in the Table to the said Section of gets a right to collect or receive those goods by virtue of that payment. In the instant case, when the Government issues a licence, it only enables the licensee to carry trade or business in that item. The payment made ....