Sale of scrap generated while repairing building - to be taxed ...

Scrap Sales from Building Repairs to Offset Asset Value, Not Taxed as Income.

June 23, 2018

Case Laws Income Tax AT

Sale of scrap generated while repairing building - to be taxed as separate income or to be adjusted against the written down value of the block of asset - the scrap sale to be adjusted against the written down value of the assets. - not to be taxed separately as income.

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Sale of scrap generated while repairing building - to be taxed ...

Scrap Sales from Building Repairs to Offset Asset Value, Not Taxed as Income.

June 23, 2018

Case Laws Income Tax AT

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