https://www.taxtmi.com/caselaws?id=103295 The Appellate Tribunal allowed the assessee's appeal and dismissed the Revenue's appeal, canceling the penalty imposed for delay in issuing TDS certificates. The Tribunal considered the assessee's compliance with tax deduction and deposit requirements, noting no revenue loss or mala fide intent. Emphasizing the principle of bona fide belief in compliance, the Tribunal canceled the penalty, aligning with precedents that focused on the absence of revenue loss despite the delay. en-us Mon, 29 Jul 2002 00:00:00 +0530 Wed, 22 Feb 2012 11:39:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103295 The Appellate Tribunal allowed the assessee's appeal and dismissed the Revenue's appeal, canceling the penalty imposed for delay in issuing TDS certificates. The Tribunal considered the assessee's compliance with tax deduction and deposit requirements, noting no revenue loss or mala fide intent. Emphasizing the principle of bona fide belief in compliance, the Tribunal canceled the penalty, aligning with precedents that focused on the absence of revenue loss despite the delay. Case-Laws Income Tax Mon, 29 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103295