https://www.taxtmi.com/caselaws?id=779861 ITAT DELHI - AT allowed the appeal of the assessee, holding the order under section 201(1) to be time-barred and invalid. Applying HC precedent that a four-year limitation is a reasonable period to initiate section 201 proceedings (drawing on SC authority), the Tribunal found the order dated 21.02.2025 for A.Y. 2015-16 was beyond that period. The HC view that the "date of knowledge" is irrelevant for jurisdiction under the Act was followed, and the grounds of appeal were accepted. en-us Wed, 08 Oct 2025 00:00:00 +0530 Tue, 14 Oct 2025 09:39:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779861 ITAT DELHI - AT allowed the appeal of the assessee, holding the order under section 201(1) to be time-barred and invalid. Applying HC precedent that a four-year limitation is a reasonable period to initiate section 201 proceedings (drawing on SC authority), the Tribunal found the order dated 21.02.2025 for A.Y. 2015-16 was beyond that period. The HC view that the "date of knowledge" is irrelevant for jurisdiction under the Act was followed, and the grounds of appeal were accepted. Case-Laws Income Tax Wed, 08 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779861