scrap sale

  • Income Tax

TDS on sale of scrap u/s 206C not dependent on if seller himself is manufacturer or not

Sale of scrap not generated from a manufacturing/mechanical process not liable to TCS u/s 206C of the Act although to…

1 month ago
  • Income Tax

Sale of scrap reduced from WIP upheld. Scrap held inextricably linked with main activity

Sale of scrap reduced from WIP upheld. Scrap held inextricably linked with construction / developmental activity  ABCAUS Case Law Citation:ABCAUS…

5 years ago