What is scrap for one person could be a useful product for another – TCS not deductible

Balaji Build Tech Vs ITO (TDS) (ITAT Cuttack) At the outset, it must be understood that the AO in his assessment has categorically held that the assessee is a firm dealing in trading of Iron and Steel goods. The assessee is mainly purchasing the scrap sold by RSP Rourkela. The RSP Rourkela is a steel manufacturing plant. Here the argument of the ld. AR gets strength from the fact that if what has been sold by RSP is actually plain and simple scrap then what stopped RSP from recycling the said scrap in its manufacturing process. Thus, the claim of the ld. AR that what has been sold by RSP under...