https://www.taxtmi.com/caselaws?id=244886 The ITAT upheld the CIT(A)'s decision that Molasses qualifies as scrap under section 206C, necessitating tax collection at source. However, Bagasse was deemed not to fall under the definition of scrap due to its direct usability, exempting it from tax collection at source. The Revenue's appeals were dismissed, affirming the CIT(A)'s order without alteration. en-us Mon, 19 Nov 2012 00:00:00 +0530 Tue, 11 Mar 2014 12:28:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=244886 The ITAT upheld the CIT(A)'s decision that Molasses qualifies as scrap under section 206C, necessitating tax collection at source. However, Bagasse was deemed not to fall under the definition of scrap due to its direct usability, exempting it from tax collection at source. The Revenue's appeals were dismissed, affirming the CIT(A)'s order without alteration. Case-Laws Income Tax Mon, 19 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=244886