https://www.taxtmi.com/caselaws?id=271924 The ITAT dismissed the Revenue's appeal, upholding the CIT(A)'s decision that the proceedings initiated beyond the prescribed time limitation for FY 2001-02 were time-barred under Sections 201/201(A). Legal principles and precedents supported the conclusion that the CIT(A) correctly annulled the proceedings, leading to the appeal's dismissal and resolution of the deletion of demand issue in favor of the assessee. en-us Fri, 19 Feb 2016 00:00:00 +0530 Mon, 22 Feb 2016 12:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271924 The ITAT dismissed the Revenue's appeal, upholding the CIT(A)'s decision that the proceedings initiated beyond the prescribed time limitation for FY 2001-02 were time-barred under Sections 201/201(A). Legal principles and precedents supported the conclusion that the CIT(A) correctly annulled the proceedings, leading to the appeal's dismissal and resolution of the deletion of demand issue in favor of the assessee. Case-Laws Income Tax Fri, 19 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271924