TCS not collectable on compounding fees recovered from illegal miners

Deputy Director (Geology And Mining) Vs DCIT (Chhattisgarh High Court) Chhattisgarh High Court held that TCS provisions covered under section 206C(1C) of the Income Tax Act doesn’t apply to amount of compounding fees/ fine that was recovered from illegal miners and transporters of minerals. Facts- The present tax appeals have been preferred under Section 260A of the Income Tax Act, 1961 calling in question legality, validity and correctness of judgment & order dated 21-7­2023 passed by the Income Tax Appellate Tribunal (ITAT), Raipur Bench, Raipur. The substantial question of law invol...