https://www.taxtmi.com/caselaws?id=211359 The Tribunal dismissed the Revenue's appeals, affirming that the proceedings initiated by the Assessing Officer were barred by limitation. It upheld the interpretation that a four-year limitation period applied, based on Delhi High Court decisions, and that the proviso to Section 201(3) did not extend this period for cases not pending as of 1st April 2007. Consequently, the Assessing Officer's orders under Section 201(1)/201(1A) were invalidated. en-us Fri, 13 Jan 2012 00:00:00 +0530 Fri, 24 May 2013 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211359 The Tribunal dismissed the Revenue's appeals, affirming that the proceedings initiated by the Assessing Officer were barred by limitation. It upheld the interpretation that a four-year limitation period applied, based on Delhi High Court decisions, and that the proviso to Section 201(3) did not extend this period for cases not pending as of 1st April 2007. Consequently, the Assessing Officer's orders under Section 201(1)/201(1A) were invalidated. Case-Laws Income Tax Fri, 13 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211359