about sale of scarp (Accounts
RAKESH MEHRA
(Querist) 01 December 2009
This query is : Resolved
dear sir
a firm have Vat number of Trading concern.
but he know manufacturing products and scarp sale of iron.
if trader make scrap sale of iron then tcs is to deudted or not under income tax act because seller is Trdaer.
plz reply.
.......................
Raj Kumar Makkad
(Expert) 01 December 2009
TDS is to be deducted in the given case.