https://www.taxtmi.com/caselaws?id=207982 The Tribunal partially allowed the appeals against penalties imposed under sections 272A(2)(c) and 272A(2)(k) of the Income-tax Act for delayed filing of TDS returns. It held that penalties under section 272A(2)(k) should only apply from the date of tax payment by the assessee, considering financial difficulties as a reasonable cause for the delay. The order of the CIT(A) was modified, and penalties were adjusted accordingly. The decision was rendered on 18.03.2011. en-us Fri, 18 Mar 2011 00:00:00 +0530 Mon, 04 Jul 2011 18:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207982 The Tribunal partially allowed the appeals against penalties imposed under sections 272A(2)(c) and 272A(2)(k) of the Income-tax Act for delayed filing of TDS returns. It held that penalties under section 272A(2)(k) should only apply from the date of tax payment by the assessee, considering financial difficulties as a reasonable cause for the delay. The order of the CIT(A) was modified, and penalties were adjusted accordingly. The decision was rendered on 18.03.2011. Case-Laws Income Tax Fri, 18 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207982