https://www.taxtmi.com/caselaws?id=253400 The Tribunal upheld the CIT(A)'s orders, dismissing the department's appeals and the assessee's cross objections. It ruled in favor of the assessee, deleting the demand raised under sections 201(1) and 201(1A) of the Income-tax Act for the assessment year 2009-10 and the penalties imposed under section 271C for the assessment years 2009-10 and 2010-11. The Tribunal emphasized the importance of allowing the assessee to rectify deficiencies in declarations and the statutory obligation of the deductor not to deduct tax upon receiving necessary declarations. en-us Mon, 07 Jul 2014 00:00:00 +0530 Mon, 24 Nov 2014 06:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=253400 The Tribunal upheld the CIT(A)'s orders, dismissing the department's appeals and the assessee's cross objections. It ruled in favor of the assessee, deleting the demand raised under sections 201(1) and 201(1A) of the Income-tax Act for the assessment year 2009-10 and the penalties imposed under section 271C for the assessment years 2009-10 and 2010-11. The Tribunal emphasized the importance of allowing the assessee to rectify deficiencies in declarations and the statutory obligation of the deductor not to deduct tax upon receiving necessary declarations. Case-Laws Income Tax Mon, 07 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=253400