Court :
HC
Brief :
Held by the Hon`ble Court that the basic licence fees included in the bid money is not part and parcel of the purchase consideration rather it is a price for parting with the privilege in favour of highest bidder as such it is not liable for collection of tax at source u/s 206C.
Citation :
C.I.T. and Others Vs. District Excise Officer
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CMNITY HIRE
New Delhi
Others
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