Failure to Collect TCS on Sale of Metal Scrap before Limitation Period: ITAT Quashes AO’s order [Read Order]

Collect TCS on Sale of Metal Scrap - TCS - Sale of Metal Scrap - Metal Scrap - Limitation Period - ITAT - AO's order - ITAT Quashes AO's order - taxscan

The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has quashed an order passed by the Assessing Officer (AO) for failure to collect tax at source (TCS) on the sale of metal scrap. The ITAT held that the AO’s order was passed after the limitation period and that the assessee’s failure to collect TCS…

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