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Income Tax - Highlights / Catch Notes

Home Highlights December 2013 Year 2013 This

Applicability of TCS provisions - Selling of Molasses and ...

Case Laws     Income Tax

December 13, 2013

Applicability of TCS provisions - Selling of Molasses and bagasses – Molasses is not a waste or scrap and cannot be used as such - It does not fall within the meaning of scrap as defined in Explanation (b) to section 206C - AT

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