https://www.taxtmi.com/caselaws?id=396769 The tribunal upheld the applicability of Section 206C to the transactions involving the sale of scrap material purchased from railways, rejecting the assessee's argument. It confirmed the liability for not collecting tax at source under Section 206C(6A) and imposed interest under Section 206C(7). The tribunal directed a reexamination of the classification of goods sold by the assessee, emphasizing adherence to tax collection provisions and accurate classification of goods for determining tax obligations correctly. en-us Fri, 03 Jul 2020 00:00:00 +0530 Sat, 18 Jul 2020 12:09:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396769 The tribunal upheld the applicability of Section 206C to the transactions involving the sale of scrap material purchased from railways, rejecting the assessee's argument. It confirmed the liability for not collecting tax at source under Section 206C(6A) and imposed interest under Section 206C(7). The tribunal directed a reexamination of the classification of goods sold by the assessee, emphasizing adherence to tax collection provisions and accurate classification of goods for determining tax obligations correctly. Case-Laws Income Tax Fri, 03 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396769