defination
This query is : Resolved
CA NITESH G. SWAMI
(Querist)
15 October 2009
definition of scrap as per income tax act 1956 for tcs purpose.
chetan soni
(Expert)
15 October 2009
Defination of scrap as per sec 206C explnation b(c):
scrap means waste and scrap from the manufacture or mechanical working of materials which is definitely not usable as such because of breakage, cutting up, wear and other reasons;
scrap means waste and scrap from the manufacture or mechanical working of materials which is definitely not usable as such because of breakage, cutting up, wear and other reasons;
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BALASUBRAMANYA B N
(Expert)
15 October 2009
Agree
15 October 2009
Keep going Chetan you are always a good answerer
CA SANJAY MUKHERJEE
(Expert)
16 October 2009
Agree with Prakash :-)
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