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Income Tax - Highlights / Catch Notes

Home Highlights September 2013 Year 2013 This

Default u/s 206C - Import of scrap - TCS (Tax Collection at ...


Assessee Admits to Importing Scrap, Triggering Tax Collection Duties u/s 206C of Income Tax Act.

September 10, 2013

Case Laws     Income Tax     AT

Default u/s 206C - Import of scrap - TCS (Tax Collection at Source) - It is the assessee himself who had declared that the materials sold by him was imported by him as scrap. The AO is not required to prove facts admitted by the assessee himself. - AT

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