SC Upholds No TCS under Section 206C(1C) on Illegal Mining Compounding Fees 

DCIT Vs District Mining Officer Dantewada Mining Office (Supreme Court of India)

The matter arose from a batch of tax appeals decided by the Chhattisgarh High Court under Section 260A of the Income Tax Act, 1961. The common substantial question of law was whether Section 206C(1C) of the Income Tax Act applies for collecting Tax Collected at Source (TCS) from offenders engaged in illegal mining or transportation/storage without lease or licence and from whom compounding fine is collected under Rule 71(5) of the Chhattisgarh Minor Mineral Rules, 2015.

Read HC Judgment

Please become a Premium member. If you are already a Premium member, login here to access the full content.