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SLP granted against High Courts ruling that no limit is provided in section 206C(1A) to make a declaration in form 27C collected from buyers and mere minor delay in furnishing form 27C would not make assessee liable for non collection of TCS

SUPREME COURT OF INDIA

 

SPECIAL LEAVE TO APPEAL (C) NO. 1669 OF 2017

 

Commissioner of Income-tax (TDS).............................................................Appellant.
v.
Siyaram Metal Udyog (P.) Ltd. .....................................................................Respondent

 

A.K. SIKRI AND R.K. AGRAWAL, JJ.

 
Date :JANUARY  27, 2017 
 
Appearances

Yashank Adhyaru, Sr. Adv., Rupesh Kumar, T.M. Singh, H.R. Rao, Ms. Purnima Bhat Kak and Mrs. Anil Katiyar, Advs. for the Petitioner.


Section 206C of the Income Tax Act, 1961 — Collection of tax at source — SLP granted against High Court's ruling that no limit is provided in section 206C(1A) to make a declaration in form 27C collected from buyers and mere minor delay in furnishing form 27C would not make assessee liable for non collection of TCS — Commissioner of Income Tax vs. Siyaram Metal Udyog P. Ltd.


JUDGMENT


1. Delay condoned.

2. Leave granted.

3. To be heard along with Civil Appeal No. 2651 of 2015, Civil Appeal No. 9812 of 2014 and other connected matter.

4. The appellant shall take steps for service of notice upon the respondent.

5. Dasti service is also permitted.

6. List all these matters for hearing and disposal on 30th March, 2017.

7. The Pleadings shall be completed in this case before the next date of hearing.

 

[2017] 245 TAXMAN 267 (SC)

 
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