https://www.taxtmi.com/caselaws?id=266834 The Tribunal affirmed the deletion of penalties under S.271C for non-deduction of TDS by the assessee, citing reasonable cause for the failure and the absence of revenue loss. The decision upheld the CIT(A)'s order in favor of the assessee for all the years in question, emphasizing the importance of justifiable belief in non-applicability of TDS provisions to certain expenses. en-us Fri, 18 Sep 2015 00:00:00 +0530 Mon, 26 Oct 2015 00:46:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266834 The Tribunal affirmed the deletion of penalties under S.271C for non-deduction of TDS by the assessee, citing reasonable cause for the failure and the absence of revenue loss. The decision upheld the CIT(A)'s order in favor of the assessee for all the years in question, emphasizing the importance of justifiable belief in non-applicability of TDS provisions to certain expenses. Case-Laws Income Tax Fri, 18 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266834