Party Deemed Assessee in Default u/s 206C(6A) for Not Collecting Tax on Scrap Sales; Timeliness Concerns Raised.

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....Assessee in default u/s. 206C(6A) - non-collection of tax at source on sale of heavy scrap - SCN in the instant case has been issued after five years - Thus, in the absence of statutory time limit prescribed for passing order with reference to collection of taxes, principle of reasonable time limit to be followed - AT....