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Income Tax - Highlights / Catch Notes

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Default in collecting tax at source (TCS) - Even though there ...


Section 206C TCS Proceedings Lack Limitation Provisions, Guided by Section 201(3) Limitations in Income Tax Act.

October 11, 2018

Case Laws     Income Tax     AT

Default in collecting tax at source (TCS) - Even though there are no specific limitation provisions prescribed in Section 206C of the Act, however, the present proceedings under section 206C can be reasonably guided by the limitation provisions as contained in Section 201(3) of the Act.

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