https://www.taxtmi.com/caselaws?id=236841 The Tribunal upheld the appellant's liability for default of Tax Collected at Source (TCS) and interest for AY 2009-10 and 2010-11. It clarified the definition of "Scrap" under Section 206C(1) to include waste and scrap from any manufacture or mechanical working. The Tribunal rejected the appellant's claim of a bona fide belief and emphasized the onus of proving the material as "Scrap." Additionally, it held that Section 206C applies to both manufacturers and traders of scrap, dismissed the argument of double recovery of tax, and admitted additional evidence. The Tribunal allowed the appeal partly, providing relief under the first Proviso to sub-section (6A) of Section 206C, subject to verification by the Assessing Officer. en-us Fri, 06 Sep 2013 00:00:00 +0530 Tue, 31 Mar 2015 16:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236841 The Tribunal upheld the appellant's liability for default of Tax Collected at Source (TCS) and interest for AY 2009-10 and 2010-11. It clarified the definition of "Scrap" under Section 206C(1) to include waste and scrap from any manufacture or mechanical working. The Tribunal rejected the appellant's claim of a bona fide belief and emphasized the onus of proving the material as "Scrap." Additionally, it held that Section 206C applies to both manufacturers and traders of scrap, dismissed the argument of double recovery of tax, and admitted additional evidence. The Tribunal allowed the appeal partly, providing relief under the first Proviso to sub-section (6A) of Section 206C, subject to verification by the Assessing Officer. Case-Laws Income Tax Fri, 06 Sep 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236841