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defination

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(Querist)
15 October 2009 definition of scrap as per income tax act 1956 for tcs purpose.
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chetan soni

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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;
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BALASUBRAMANYA B N

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BALASUBRAMANYA B N (Expert)
15 October 2009 Agree
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CA CS CIMA Prakash Somani

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CA CS CIMA Prakash Somani (Expert)
15 October 2009 Keep going Chetan you are always a good answerer
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CA SANJAY MUKHERJEE

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CA SANJAY MUKHERJEE (Expert)
16 October 2009 Agree with Prakash :-)
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