proviso was given only to defaults under section 206 and 206C of the
Act. It was pointed out that when the proviso was introduced,
section ... benefit of the proviso to
the returns under section 206 and 206C only. Thus, the legislature
despite being aware of the nature of the default
scrap" given in clause (b)
to Explanation to S.206C of the Income Tax Act so as to
mean that both the words ... ambit of "Scrap" as defined
vide explanation (b) to section 206C of the Act in spite of
the fact that the such items
scrap" given in clause (b)
to Explanation to S.206C of the Income Tax Act so as to
mean that both the words ... ambit of "Scrap" as defined
vide explanation (b) to section 206C of the Act in spite of
the fact that the such items
scrap" given in clause (b)
to Explanation to S.206C of the Income Tax Act so as to
mean that both the words ... ambit of "Scrap" as defined
vide explanation (b) to section 206C of the Act in spite of
the fact that the such items
scrap" given in clause (b)
to Explanation to S.206C of the Income Tax Act so as to
mean that both the words ... ambit of "Scrap" as defined
vide explanation (b) to section 206C of the Act in spite of
the fact that the such items
Appellate Tribunal has
substantially erred in holding that the proviso to section
206C of the Income Tax Act, 1961 inserted with effect
from 1st July
