Reasonable cause exempts assessee from Section 271C penalty for not deducting TDS on payments.

Reasonable cause exempts assessee from Section 271C penalty for not deducting TDS on payments. https://www.taxtmi.com/highlights?id=16933 There cannot be any levy of penalty u/s. 271C, more so, where there was a reasonable cause for not deducting the TDS on the payment made by the assessee - AT en-us Sat, 25 Jan 2014 17:01:54 +0530 Sat, 25 Jan 2014 17:01:54 +0530 TaxTMI RSS Generator Reasonable cause exempts assessee from Section 271C penalty for not deducting TDS on payments. https://www.taxtmi.com/highlights?id=16933 There cannot be any levy of penalty u/s. 271C, more so, where there was a reasonable cause for not deducting the TDS on the payment made by the assessee - AT Highlights Income Tax Sat, 25 Jan 2014 17:01:54 +0530 https://www.taxtmi.com/highlights?id=16933