https://www.taxtmi.com/caselaws?id=248097 Penalty under section 271C for non-deduction of tax at source on airtime charges paid to television broadcasters was held unjustified because the assessee had shown reasonable cause. The Tribunal accepted that the payments were treated bona fide as content purchase, tax was not deducted on an honest view that section 194C did not apply, and the issue was debatable. It held that penalty under section 271C is not automatic and can arise only where the failure is without reasonable cause under section 273C. Relying on its earlier view in the assessee's own case and the surrounding circumstances, the Tribunal deleted the penalty. en-us Fri, 02 May 2014 00:00:00 +0530 Mon, 02 Jun 2014 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248097 Penalty under section 271C for non-deduction of tax at source on airtime charges paid to television broadcasters was held unjustified because the assessee had shown reasonable cause. The Tribunal accepted that the payments were treated bona fide as content purchase, tax was not deducted on an honest view that section 194C did not apply, and the issue was debatable. It held that penalty under section 271C is not automatic and can arise only where the failure is without reasonable cause under section 273C. Relying on its earlier view in the assessee's own case and the surrounding circumstances, the Tribunal deleted the penalty. Case-Laws Income Tax Fri, 02 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248097