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Income Tax - Highlights / Catch Notes

Home Highlights September 2019 Year 2019 This

TCS u/s 206C - sale of 'scrap' of arising on dismantling of ...

Income Tax

September 27, 2019

TCS u/s 206C - sale of 'scrap' of arising on dismantling of ships - the non-excisable products are obtained from the ships and sold as it is without undergoing any manufacturing process thereon and the same therefore cannot partake the character of scrap within the meaning of section 206C. - AT

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