https://www.taxtmi.com/caselaws?id=259884 The Tribunal allowed both appeals for the respective assessment years, canceling the penalties imposed under section 272A(2)(k). The decision was based on the detailed analysis of the circumstances, emphasizing the technical nature of the delays and the absence of intentional non-compliance by the appellant. The Tribunal highlighted the importance of reasonable cause and bonafide belief in determining the applicability of penalties for delayed filing of TDS returns. en-us Wed, 04 Mar 2015 00:00:00 +0530 Sat, 16 May 2015 10:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=259884 The Tribunal allowed both appeals for the respective assessment years, canceling the penalties imposed under section 272A(2)(k). The decision was based on the detailed analysis of the circumstances, emphasizing the technical nature of the delays and the absence of intentional non-compliance by the appellant. The Tribunal highlighted the importance of reasonable cause and bonafide belief in determining the applicability of penalties for delayed filing of TDS returns. Case-Laws Income Tax Wed, 04 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=259884