https://www.taxtmi.com/caselaws?id=210846 The Tribunal confirmed the ld. CIT(A)'s decision to cancel the penalty of Rs. 3,30,000 imposed under section 272B of the Income-tax Act, 1961 for non/quoting/wrong quoting of PANs in TDS returns. The cancellation was supported by the appellant's correct deduction of TDS, revision of PAN, and filing of the revised statement on Form No. 26Q, ensuring compliance with section 139A. The penalty was deemed invalid due to lack of a hearing before imposition and absence of service of a show cause notice, resulting in the dismissal of the Department's appeal. en-us Fri, 06 Jan 2012 00:00:00 +0530 Thu, 23 Feb 2012 16:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210846 The Tribunal confirmed the ld. CIT(A)'s decision to cancel the penalty of Rs. 3,30,000 imposed under section 272B of the Income-tax Act, 1961 for non/quoting/wrong quoting of PANs in TDS returns. The cancellation was supported by the appellant's correct deduction of TDS, revision of PAN, and filing of the revised statement on Form No. 26Q, ensuring compliance with section 139A. The penalty was deemed invalid due to lack of a hearing before imposition and absence of service of a show cause notice, resulting in the dismissal of the Department's appeal. Case-Laws Income Tax Fri, 06 Jan 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210846