https://www.taxtmi.com/caselaws?id=272987 The appeal was allowed as the order passed under section 206C of the Income Tax Act was deemed time-barred by ITAT Ahmedabad, emphasizing the necessity of a reasonable time limit for such orders. The classification of steel plates and materials from ship recycling as "scrap" was not addressed in detail due to the time-barred nature of the order. The appellant's status as an "Assessee in default" and liability to collect tax at source were confirmed by CIT(A) but not extensively analyzed by ITAT Ahmedabad. Other issues raised by the appellant regarding tax collection, purchasers' tax payments, penalty initiation, and alleged breaches of law were not thoroughly examined due to the primary focus on the timeliness of the order. en-us Fri, 13 Nov 2015 00:00:00 +0530 Wed, 30 May 2018 09:51:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272987 The appeal was allowed as the order passed under section 206C of the Income Tax Act was deemed time-barred by ITAT Ahmedabad, emphasizing the necessity of a reasonable time limit for such orders. The classification of steel plates and materials from ship recycling as "scrap" was not addressed in detail due to the time-barred nature of the order. The appellant's status as an "Assessee in default" and liability to collect tax at source were confirmed by CIT(A) but not extensively analyzed by ITAT Ahmedabad. Other issues raised by the appellant regarding tax collection, purchasers' tax payments, penalty initiation, and alleged breaches of law were not thoroughly examined due to the primary focus on the timeliness of the order. Case-Laws Income Tax Fri, 13 Nov 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272987