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Taxation of income from sale of scrap

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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 ??

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On 19 June 2023 at 18:08 Report
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SEO Sai Gr. Hosp.
211708 Points Posted on 19 June 2023

What was the cost of the damaged material?

581 Reply
On 19 June 2023 at 19:10
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Profession Business
28207 Points Posted on 19 June 2023
Net realisable value as per revenue recognition.
44 Reply
On 19 June 2023 at 19:25


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