https://www.taxtmi.com/caselaws?id=263762 The Tribunal partially allowed the appeals against penalties imposed under section 272A(2)(k) for delayed filing of TDS returns. The Tribunal considered the financial difficulties faced by the assessee, modifying the penalty to apply only from the date of tax payment, not the initial due date. The decision was based on the Mumbai Tribunal precedent and highlighted the separate penal provisions for TDS non-deduction or non-payment. The order was pronounced in accordance with ITAT Rules, 1963 at Cuttack, providing clarity on penalty imposition in cases of delayed TDS filings due to financial constraints. en-us Wed, 04 Mar 2015 00:00:00 +0530 Thu, 10 Sep 2015 08:17:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263762 The Tribunal partially allowed the appeals against penalties imposed under section 272A(2)(k) for delayed filing of TDS returns. The Tribunal considered the financial difficulties faced by the assessee, modifying the penalty to apply only from the date of tax payment, not the initial due date. The decision was based on the Mumbai Tribunal precedent and highlighted the separate penal provisions for TDS non-deduction or non-payment. The order was pronounced in accordance with ITAT Rules, 1963 at Cuttack, providing clarity on penalty imposition in cases of delayed TDS filings due to financial constraints. Case-Laws Income Tax Wed, 04 Mar 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263762