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Home Highlights February 2023 Year 2023 This

TCS on sale in terms of section 206C - trading of non-ferrous ...


TCS on Metal Scrap: Late Submission of Form 27C u/s 206C Disputed in Income Tax Proceedings.

February 20, 2023

Case Laws     Income Tax     AT

TCS on sale in terms of section 206C - trading of non-ferrous metal scrap - failure to submit the form 27C within the time prescribed - since the assessee had furnished Form 27C before CIT (TDS)-Jamnagar, though belatedly and had also sought to place the same on record during the course of TCS proceedings before the ITO (TDS), the same should have been considered by him at the time of passing of order. - AT

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