Wednesday, May 8, 2019

No TCS if declaration from buyer was obtained that goods would be used for manufacturing

IT: In terms of section 206C(1A), any person responsible for collecting taxes under section 206C(1) need not to do so if he obtains a declaration from buyer that he is purchasing goods for reuse in manufacturing process or producing article or things

from www.taxmann.com Latest Case Laws http://bit.ly/2H6gTWs

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...