https://www.taxtmi.com/caselaws?id=246089 The penalties imposed under section 272A(2)(g) of the IT Act for Assessment Years 1993-94 and 1994-95 were deleted by the CIT(A) and upheld by the ITAT bench. The delay in issuing TDS certificates was considered reasonable due to changes in forms and lack of availability, with no revenue loss or contractor grievances. The penalties were deemed technical and venial, not warranting punishment. The Revenue Department's appeals were dismissed, and Cross Objections, challenging penalty calculations, were allowed only for statistical purposes as the penalties were deleted. en-us Fri, 24 Jan 2014 00:00:00 +0530 Wed, 16 Apr 2014 12:58:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=246089 The penalties imposed under section 272A(2)(g) of the IT Act for Assessment Years 1993-94 and 1994-95 were deleted by the CIT(A) and upheld by the ITAT bench. The delay in issuing TDS certificates was considered reasonable due to changes in forms and lack of availability, with no revenue loss or contractor grievances. The penalties were deemed technical and venial, not warranting punishment. The Revenue Department's appeals were dismissed, and Cross Objections, challenging penalty calculations, were allowed only for statistical purposes as the penalties were deleted. Case-Laws Income Tax Fri, 24 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=246089