(I) After import of scrap from outside of Indian Territory, Trader sale within India to retail traders as well as manufacturers. Is he liable to collect TCS from Traders u/s 206c??
(ii) If Trader purchase scrap within India and sale it within India to Retailers and Manufacturers, is he liable to collect TCS on Scrap ??
(iii) If books get Audit U/s 44AD, is he follows all Audit rules??
Plz clear.
CAclubindia
