https://www.taxtmi.com/caselaws?id=260474 The court upheld the penalty imposed under Section 271C of the Income Tax Act, finding that the appellant's delayed remittance of taxes, despite admitting to the deductions, warranted the penalty. The court rejected arguments of no willful delay and financial hardship, citing relevant legal provisions and precedents. It was determined that the penalty was correctly applied, dismissing appeals challenging its imposition. No legal questions were found under Section 260A of the Income Tax Act. en-us Thu, 21 May 2015 00:00:00 +0530 Tue, 24 May 2016 18:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=260474 The court upheld the penalty imposed under Section 271C of the Income Tax Act, finding that the appellant's delayed remittance of taxes, despite admitting to the deductions, warranted the penalty. The court rejected arguments of no willful delay and financial hardship, citing relevant legal provisions and precedents. It was determined that the penalty was correctly applied, dismissing appeals challenging its imposition. No legal questions were found under Section 260A of the Income Tax Act. Case-Laws Income Tax Thu, 21 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=260474