https://www.taxtmi.com/caselaws?id=249434 The ITAT, Delhi ruled in favor of the assessee, allowing all four appeals and deleting the penalties imposed under section 272B for failure to quote correct PAN in the e-TDS returns. The decision was based on the interpretation of the Press Release issued by CBDT and the compliance of the appellant with the prescribed threshold limit for furnishing PAN data. en-us Fri, 20 Jun 2014 00:00:00 +0530 Thu, 10 Jul 2014 10:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=249434 The ITAT, Delhi ruled in favor of the assessee, allowing all four appeals and deleting the penalties imposed under section 272B for failure to quote correct PAN in the e-TDS returns. The decision was based on the interpretation of the Press Release issued by CBDT and the compliance of the appellant with the prescribed threshold limit for furnishing PAN data. Case-Laws Income Tax Fri, 20 Jun 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=249434