https://www.taxtmi.com/caselaws?id=251876 The High Court of Allahabad ruled in favor of the Department in four appeals challenging penalties imposed under Section 272A(2)(C) of the Income Tax Act for delays in filing Form 27EC. The court upheld the penalties, emphasizing the D.D.O's responsibility to ensure timely compliance and rejecting claims of oversight by the Headquarters. The judgment highlighted the mandatory nature of filing returns and held the D.D.O accountable for the delays, dismissing the appeals and reinforcing the importance of adherence to tax regulations. en-us Fri, 08 Aug 2014 00:00:00 +0530 Wed, 01 Oct 2014 06:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=251876 The High Court of Allahabad ruled in favor of the Department in four appeals challenging penalties imposed under Section 272A(2)(C) of the Income Tax Act for delays in filing Form 27EC. The court upheld the penalties, emphasizing the D.D.O's responsibility to ensure timely compliance and rejecting claims of oversight by the Headquarters. The judgment highlighted the mandatory nature of filing returns and held the D.D.O accountable for the delays, dismissing the appeals and reinforcing the importance of adherence to tax regulations. Case-Laws Income Tax Fri, 08 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=251876