TCS not applicable on liquor vendors who bought vending rights on auction: Supreme Court

Excise Commissioner Karnataka & Anr. Vs Mysore Sales International Ltd & Ors. (Supreme Court of India)

Supreme Court held that Section 206C of the Income Tax Act is not applicable in respect of Mysore Sales and that the liquor vendors(contractors) who bought the vending rights from the appellant on auction cannot be termed as “buyers”

Facts- The short point for consideration in this appeal is whether provisions of Section 206C of the Income Tax Act is applicable in respect of the appellant and whether the liquor vendors (contractors) who bought t

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