https://www.taxtmi.com/caselaws?id=325097 The appeals filed by the Assessing Officer challenging the deletion of additions made under section 206C(1) of the Income Tax Act regarding non-collection of Tax Collected at Source (TCS) on the sale of scrap were dismissed. The Tribunal upheld the relief granted to the assessee based on compliance with section 206C and verification of Form 27BA. The Tribunal found that the proviso to section 206C(6A) applies retrospectively, providing relief to the collector of tax at source. Consequently, all appeals were dismissed, affirming the relief granted to the assessee. en-us Mon, 29 Feb 2016 00:00:00 +0530 Thu, 10 Mar 2016 08:18:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325097 The appeals filed by the Assessing Officer challenging the deletion of additions made under section 206C(1) of the Income Tax Act regarding non-collection of Tax Collected at Source (TCS) on the sale of scrap were dismissed. The Tribunal upheld the relief granted to the assessee based on compliance with section 206C and verification of Form 27BA. The Tribunal found that the proviso to section 206C(6A) applies retrospectively, providing relief to the collector of tax at source. Consequently, all appeals were dismissed, affirming the relief granted to the assessee. Case-Laws Income Tax Mon, 29 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325097