https://www.taxtmi.com/caselaws?id=242857 The Tribunal held that the levy of penalty under Section 271(1)(c) was not justified as the assessee had disclosed all material facts, and the disallowance was due to non-compliance with TDS provisions, considered a technical fault. The Tribunal dismissed the department's appeal for the assessment year 2006-07 and allowed the assessee's appeal for the assessment year 2007-08. en-us Wed, 11 Dec 2013 00:00:00 +0530 Wed, 22 Jan 2014 06:32:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242857 The Tribunal held that the levy of penalty under Section 271(1)(c) was not justified as the assessee had disclosed all material facts, and the disallowance was due to non-compliance with TDS provisions, considered a technical fault. The Tribunal dismissed the department's appeal for the assessment year 2006-07 and allowed the assessee's appeal for the assessment year 2007-08. Case-Laws Income Tax Wed, 11 Dec 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242857