TCS allowed to entity conducting business even if liquor license is in the name of other person: ITAT Bangalore

Dolphin Bar and Restaurant Vs DCIT (ITAT Bangalore)

ITAT Bangalore held that TCS credit is allowed to the entity conducting the business, irrespective of the fact that the liquor license was in the name of another person. Accordingly, TCS credit allowed.

Facts- The assessee is managing the trading business in IMFL (Indian Made Foreign Liquor) where the license issued by the Department of Central Excise was in the name of a different person. As the license holders were unable to carry on the specified business on their own, assessee was using the license wit

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