https://www.taxtmi.com/caselaws?id=179904 The Tribunal allowed the appeals of the appellant, pronouncing the decision on 04/05/2012. The penalty imposed under section 271C was deleted as the Tribunal found the appellant's belief in not deducting tax to be bonafide, citing reasonable causes and lack of contumacious conduct. The Tribunal considered similar cases where penalties were not levied and concluded in favor of the appellant. en-us Fri, 04 May 2012 00:00:00 +0530 Fri, 11 Mar 2016 16:49:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179904 The Tribunal allowed the appeals of the appellant, pronouncing the decision on 04/05/2012. The penalty imposed under section 271C was deleted as the Tribunal found the appellant's belief in not deducting tax to be bonafide, citing reasonable causes and lack of contumacious conduct. The Tribunal considered similar cases where penalties were not levied and concluded in favor of the appellant. Case-Laws Income Tax Fri, 04 May 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179904