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2016 (6) TMI 373 - ITAT MUMBAIPeriod of limitation u/s 201(1)/201(1A) for passing an order - TDS u/s 194C - non deduction of tds on the expenditure incurred as “Pay Channel Cost” - demand raised u/s. 201(1) and interest charged u/s. 201(1A) - Held that:- The proceedings initiated u/s 201(1)/201(1A) should be completed within one year from the end of the financial year in which proceedings u/s 201(1)/201(1A) were initiated. Admittedly, in the instant case, the assessing officer has passed the orders after expiry of eight years from the date of issuing of notice. Accordingly, the order passed by the AO is barred by limitation. Accordingly we set aside the order passed by Ld CIT(A), since the order passed by the AO is barred by limitation. Accordingly the same stands quashed.
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