TaxTMI 
TaxTMI 
plzzzz tell me about these sections as i m totally confused regarding the time limits for order under section 201(1)
section 201, section 220, section 221
12 Feb 2012 
3 Replies 
5490 Views Asked by
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Time limits for orders under section 201 focus on subsections 3 and 4 governing applicable limitation periods.
The querist seeks clarification under the Income Tax Act about the limitation period for passing an order under the provision for recovery from persons required to deduct tax at source, whether different cases attract two year or four year limitation periods, and which statutory provisions prescribe penalty and interest; a respondent indicates subsections addressing time limits govern orders under that provision. (AI Summary)
The querist seeks clarification under the Income Tax Act about the limitation period for passing an order under the provision for recovery from persons required to deduct tax at source, whether different cases attract two year or four year limitation periods, and which statutory provisions prescribe penalty and interest; a respondent indicates subsections addressing time limits govern orders under that provision. (AI Summary)