https://www.taxtmi.com/caselaws?id=368961 Where tax was required to be deducted at source on purchase of immovable property from a non-resident seller, the Tribunal held that proceedings under sections 201(1) and 201(1A) must still be initiated within a reasonable time even though no express outer limit is prescribed for such action. Applying its earlier view and binding precedent, it treated four years from the end of the relevant assessment year as the reasonable period. As the notice was issued after more than four years, the notice and consequential orders were held barred by limitation and unsustainable. en-us Fri, 12 Oct 2018 00:00:00 +0530 Tue, 16 Oct 2018 17:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=368961 Where tax was required to be deducted at source on purchase of immovable property from a non-resident seller, the Tribunal held that proceedings under sections 201(1) and 201(1A) must still be initiated within a reasonable time even though no express outer limit is prescribed for such action. Applying its earlier view and binding precedent, it treated four years from the end of the relevant assessment year as the reasonable period. As the notice was issued after more than four years, the notice and consequential orders were held barred by limitation and unsustainable. Case-Laws Income Tax Fri, 12 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=368961