https://www.taxtmi.com/caselaws?id=331125 The court quashed the notices by the Income Tax Department to initiate proceedings against the petitioners for default under Section 201(3) of the Income Tax Act. The court upheld a four-year limitation for initiating actions under Sections 201(1) and 201(1A) for non-deduction of TDS. It clarified that the proviso to Section 201(3) did not allow proceedings for periods before four years prior to March 31, 2011. Additionally, the court found that Section 194H on TDS deduction did not apply to transactions between the petitioner and its channel partners. The constitutional validity challenge was not addressed as the relief was not pressed. en-us Wed, 09 Mar 2016 00:00:00 +0530 Wed, 08 Feb 2017 17:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331125 The court quashed the notices by the Income Tax Department to initiate proceedings against the petitioners for default under Section 201(3) of the Income Tax Act. The court upheld a four-year limitation for initiating actions under Sections 201(1) and 201(1A) for non-deduction of TDS. It clarified that the proviso to Section 201(3) did not allow proceedings for periods before four years prior to March 31, 2011. Additionally, the court found that Section 194H on TDS deduction did not apply to transactions between the petitioner and its channel partners. The constitutional validity challenge was not addressed as the relief was not pressed. Case-Laws Income Tax Wed, 09 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331125