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Income Tax - Highlights / Catch Notes

Home Highlights August 2016 Year 2016 This

TCS - scrap generated from the mechanical working of the ...


Tax Collected at Source Required for Scrap from Mechanical Work, Including Ship Breaking, as per Section 206C.

August 27, 2016

Case Laws     Income Tax     AT

TCS - scrap generated from the mechanical working of the material (breaking of the ship) - The assessee is duty bound to collect the TCS from the buyers in terms of Section 206C of the Act.- AT

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