https://www.taxtmi.com/caselaws?id=71871 The ITAT Pune upheld the CIT(A)'s decision to delete a penalty imposed under s. 272A(2)(g) for delay in issuing TDS certificates. The tribunal found that the delay did not benefit the assessee nor cause revenue loss, emphasizing compliance over strict adherence to dates. The penalty was removed due to a reasonable cause for the delay, ensuring no harm to the government's revenue. The appeal against the penalty deletion was dismissed, highlighting the importance of compliance and reasonable cause in penalty imposition cases. en-us Thu, 25 Mar 2004 00:00:00 +0530 Wed, 27 Apr 2011 15:56:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71871 The ITAT Pune upheld the CIT(A)'s decision to delete a penalty imposed under s. 272A(2)(g) for delay in issuing TDS certificates. The tribunal found that the delay did not benefit the assessee nor cause revenue loss, emphasizing compliance over strict adherence to dates. The penalty was removed due to a reasonable cause for the delay, ensuring no harm to the government's revenue. The appeal against the penalty deletion was dismissed, highlighting the importance of compliance and reasonable cause in penalty imposition cases. Case-Laws Income Tax Thu, 25 Mar 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71871