https://www.taxtmi.com/caselaws?id=414002 The Tribunal ruled in favor of the assessee, holding that the orders under section 201(1) and 201(1A) were barred by limitation and void-ab-initio. The Tribunal found that the demands raised under section 201 r.w.s. 192 for not deducting tax at source on Leave Fare Concession involving en-route foreign travel and domestic travel by a circuitous route were not valid. The Tribunal emphasized the assessee's bona fide belief and reasonable estimation of income, directing the deletion of the demands for the assessment years 2010-11 and 2011-12. en-us Tue, 12 Oct 2021 00:00:00 +0530 Tue, 26 Oct 2021 09:01:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414002 The Tribunal ruled in favor of the assessee, holding that the orders under section 201(1) and 201(1A) were barred by limitation and void-ab-initio. The Tribunal found that the demands raised under section 201 r.w.s. 192 for not deducting tax at source on Leave Fare Concession involving en-route foreign travel and domestic travel by a circuitous route were not valid. The Tribunal emphasized the assessee's bona fide belief and reasonable estimation of income, directing the deletion of the demands for the assessment years 2010-11 and 2011-12. Case-Laws Income Tax Tue, 12 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414002