https://www.taxtmi.com/caselaws?id=226220 The Court quashed penalty orders under Section 271-C of the Income Tax Act against a State Government Department for short deduction of tax at source. The petitioner's explanation of lack of awareness and prompt payment of the tax amount was accepted. The Court considered the petitioner's status and found a reasonable cause for the error. Emphasizing the importance of assessing explanations and compliance with statutory provisions, the Court ruled in favor of the petitioner, quashing the penalty orders for the relevant financial years. en-us Wed, 03 Apr 2013 00:00:00 +0530 Mon, 22 Apr 2013 08:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=226220 The Court quashed penalty orders under Section 271-C of the Income Tax Act against a State Government Department for short deduction of tax at source. The petitioner's explanation of lack of awareness and prompt payment of the tax amount was accepted. The Court considered the petitioner's status and found a reasonable cause for the error. Emphasizing the importance of assessing explanations and compliance with statutory provisions, the Court ruled in favor of the petitioner, quashing the penalty orders for the relevant financial years. Case-Laws Income Tax Wed, 03 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=226220