The assessment was completed u\/s 143(3) on 28 -10-2011 .\u00a0 After\u00a0 four year\u00a0 the\u00a0 AO, in an internal communication dated 9-9-2013 addressed to Additional Commissioner of Income-tax, wrote that penalty should be imposed on assessee for failure to deduct tax at source qua AY 2007-08 .\u00a0 On 9-11-2017 a show cause notice (SCN) was issued under section 274 for initiating penalty proceedings under section 271C . The\u00a0 Assessee contended that proceedings triggered via said SCN were barred by limitation .\u00a0 However the Assessing Officer\u00a0 fixed the hearing for levy of the penalty . The petitioner filed the writ petition challenging that the notice was barred by limitation . Allowing the petition the Court held that the\u00a0 notice issued nine years after the end of the relevant financial year was barred by limitation . Accordingly the order was quashed . ( AY. 2007 -08 )<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 271C : Penalty – Failure to deduct at source \u2013 Notice issued nine years after the end of the relevant financial year \u2013 Barred by limitation \u2013 Order was quashed .[ S. 274, 275 (1)( c), Art , 226 ]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-34839","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-93V","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34839","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=34839"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34839\/revisions"}],"predecessor-version":[{"id":34840,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/34839\/revisions\/34840"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=34839"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=34839"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=34839"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}