Demand u/s 206C(1)/206C(7) - TCS - 206C(1A) mandates person ...
Case Laws Income Tax
May 11, 2019
Demand u/s 206C(1)/206C(7) - TCS - 206C(1A) mandates person responsible for TCS to not collect taxes if he obtains a declaration from the buyer that he is purchasing the goods for re-use in manufacturing process or producing article or things - not necessary to collect taxes at sources when sales were made - since assessee has submitted declaration before the AO in requisite forms - demand canceled
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