M/S. LALA BHARAT LAL AND SONS,LUCKNOW vs. INCOME TAX OFFICER (TDS), LUCKNOW
In the result, the appeals of the assessee are allowed whereas the stay petitions are dismissed
ITA 16/LKW/2019[2016-17]Status: DisposedITAT Lucknow19 Feb 2020AY 2016-17
Bench: Shri. A. D. Jain & Shri. T.S. Kapoor
For Appellant: Shri Rakesh Garg, AdvocateFor Respondent: Shri Ajay Kumar, D.R
Section 206CSection 206C(1)Section 206C(6)
6A) and 206C(7) of the Income Tax Act, 1961. It was submitted that before the Assessing Officer and the ld.
CIT(A), the averment of the assessee was that the sale/trading done by the assessee did not tantamount to sale of scrap as defined in Explanation (b) to section 206C of the Act, as the same had not been
