https://www.taxtmi.com/caselaws?id=68185 The Tribunal canceled the penalty imposed under s. 272A(2)(c) on a Government Federation for delayed filing of TDS statement, citing the appellant's genuine belief and lack of tax default. The delay was deemed technical and unintentional, leading to the penalty being unjustified. The Tribunal referenced the Hindustan Steel Ltd. case, emphasizing the absence of tax default by the appellant. Consequently, the penalty was deemed unwarranted, and the appellant's appeal was allowed. en-us Tue, 08 Apr 1997 00:00:00 +0530 Thu, 17 Mar 2011 14:53:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68185 The Tribunal canceled the penalty imposed under s. 272A(2)(c) on a Government Federation for delayed filing of TDS statement, citing the appellant's genuine belief and lack of tax default. The delay was deemed technical and unintentional, leading to the penalty being unjustified. The Tribunal referenced the Hindustan Steel Ltd. case, emphasizing the absence of tax default by the appellant. Consequently, the penalty was deemed unwarranted, and the appellant's appeal was allowed. Case-Laws Income Tax Tue, 08 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68185