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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Non collection of TCS (tax collection at source) - main husk is ...


Husk By-Product Not Classified as Scrap u/s 206C; No TCS Required on Non-Specified Categories.

March 26, 2016

Case Laws     Income Tax     AT

Non collection of TCS (tax collection at source) - main husk is a by-product and the same cannot be considered as scrap and waste as provided in the Explanation to Section 206C of the Income-tax Act. - AT

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