TDS on EDC: Order Beyond Limitation statutory Period Quashed by Delhi HC

Swiftrans International Pvt. Ltd. Vs ITO (Delhi High Court)

In a significant ruling, the Delhi High Court has set aside an order issued by the Income Tax Department that sought to treat Swiftrans International Pvt. Ltd. as an “assessee-in-default” for non-deduction of Tax Deducted at Source (TDS) for the Assessment Year (AY) 2016-17. The High Court’s decision primarily hinged on the order being passed beyond the statutory period of limitation, clarifying that previous court orders did not grant an indefinite extension.

The case, Swiftrans International Pvt.

Please become a Premium member. If you are already a Premium member, login here to access the full content.