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2002 (4) TMI 14 - MADHYA PRADESH HIGH COURTFor the purpose of sale of country liquor, the petitioner has to transport his stock from the warehouses of Gairatganj and Abdullaganj. At the time of making payment towards licence fees, tax at source was deducted at the rate of 10 per cent. on the issue price which is inclusive of cost of liquor plus excise duty on it. The said deduction was done as per section 206C of the Income-tax Act, 1961 – Held that when the liquor is purchased from a warehouse, payment of excise duty is to be made at the rate of duty in force on the date of issue of liquor from the warehouse
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