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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Non collection of TCS (tax collection at source) - DOC is a ...


Debate on Whether DOC is Scrap Under Explanation to Section 206C of Income Tax Act, Misclassified by AO.

March 26, 2016

Case Laws     Income Tax     AT

Non collection of TCS (tax collection at source) - DOC is a by-product and it certainly cannot be categorized as scrap and waste and it has its own market value - AO has erred in categorizing DOC as scrap within the meaning of Explanation to Section 206C - AT

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