banner_ad

Taxation of income from sale of scrap

715 views 2 replies
User Avatar

Ac
138 Points Posted on 19 June 2023

does income from sale of scrap(old damaged materials) of rs 1 lac is taxable in the hand of salaried person ??

Reply Share Follow
On 19 June 2023 at 18:08 Report
Replies (2)
User Avatar

SEO Sai Gr. Hosp.
211596 Points Posted on 19 June 2023

What was the cost of the damaged material?

581 Reply
On 19 June 2023 at 19:10
User Avatar

Profession Business
28198 Points Posted on 19 June 2023
Net realisable value as per revenue recognition.
44 Reply
On 19 June 2023 at 19:25


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading

Latest Job Openings

View all
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details