Assessee Admits to Importing Scrap, Triggering Tax Collection Duties u/s 206C of Income Tax Act.

Assessee Admits to Importing Scrap, Triggering Tax Collection Duties u/s 206C of Income Tax Act. https://www.taxtmi.com/highlights?id=14406 Default u/s 206C - Import of scrap - TCS (Tax Collection at Source) - It is the assessee himself who had declared that the materials sold by him was imported by him as scrap. The AO is not required to prove facts admitted by the assessee himself. - AT en-us Tue, 10 Sep 2013 10:28:08 +0530 Tue, 10 Sep 2013 10:28:08 +0530 TaxTMI RSS Generator Assessee Admits to Importing Scrap, Triggering Tax Collection Duties u/s 206C of Income Tax Act. https://www.taxtmi.com/highlights?id=14406 Default u/s 206C - Import of scrap - TCS (Tax Collection at Source) - It is the assessee himself who had declared that the materials sold by him was imported by him as scrap. The AO is not required to prove facts admitted by the assessee himself. - AT Highlights Income Tax Tue, 10 Sep 2013 10:28:08 +0530 https://www.taxtmi.com/highlights?id=14406