https://www.taxtmi.com/caselaws?id=209129 The Tribunal allowed the appeal filed by the assessee, canceling the penalty levied under section 272A(2)(c) of the Income-tax Act, 1961, for delayed filing of TDS returns. The Tribunal considered the timely tax deductions, marginal delay, and previous acceptance of delays by the Assessing Officer. Ignorance of law, complexity of tax provisions, and previous judicial decisions supporting reasonable cause were key factors in canceling the penalty. en-us Fri, 29 Jan 2010 00:00:00 +0530 Tue, 30 Jul 2013 14:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209129 The Tribunal allowed the appeal filed by the assessee, canceling the penalty levied under section 272A(2)(c) of the Income-tax Act, 1961, for delayed filing of TDS returns. The Tribunal considered the timely tax deductions, marginal delay, and previous acceptance of delays by the Assessing Officer. Ignorance of law, complexity of tax provisions, and previous judicial decisions supporting reasonable cause were key factors in canceling the penalty. Case-Laws Income Tax Fri, 29 Jan 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209129