https://www.taxtmi.com/caselaws?id=256910 The Delhi High Court dismissed the appeal against the Income Tax Appellate Tribunal's decision, affirming the assessee's company as one in default under Section 201 of the Income Tax Act. The Court held that the action under Section 201 was not barred by time, relying on previous court rulings and noting that subsequent amendments did not impact the interpretation of the law. The Court concluded that no substantial question of law arose, affirming the validity of previous judgments and maintaining the existing legal framework. en-us Fri, 13 Feb 2015 00:00:00 +0530 Fri, 20 Feb 2015 15:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256910 The Delhi High Court dismissed the appeal against the Income Tax Appellate Tribunal's decision, affirming the assessee's company as one in default under Section 201 of the Income Tax Act. The Court held that the action under Section 201 was not barred by time, relying on previous court rulings and noting that subsequent amendments did not impact the interpretation of the law. The Court concluded that no substantial question of law arose, affirming the validity of previous judgments and maintaining the existing legal framework. Case-Laws Income Tax Fri, 13 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256910