https://www.taxtmi.com/caselaws?id=761880 The ITAT Delhi dismissed the revenue's appeal regarding a demand under sections 201(1)/201(14) for failure to deduct tax at source. The assessee company filed TDS statement Form 26Q for FY 2010-11 on 13-05-2011. Under the applicable law, the AO had until 31-03-2014 to pass an order, but the assessment was completed on 28-03-2018, making it time-barred. The ITAT held that the 2014 amendment extending limitation to seven years was not retrospective and confirmed the CIT(A)'s decision allowing the assessee's appeal. en-us Thu, 14 Nov 2024 00:00:00 +0530 Tue, 19 Nov 2024 08:40:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=761880 The ITAT Delhi dismissed the revenue's appeal regarding a demand under sections 201(1)/201(14) for failure to deduct tax at source. The assessee company filed TDS statement Form 26Q for FY 2010-11 on 13-05-2011. Under the applicable law, the AO had until 31-03-2014 to pass an order, but the assessment was completed on 28-03-2018, making it time-barred. The ITAT held that the 2014 amendment extending limitation to seven years was not retrospective and confirmed the CIT(A)'s decision allowing the assessee's appeal. Case-Laws Income Tax Thu, 14 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=761880