https://www.taxtmi.com/caselaws?id=325312 The appeals against penalties imposed for non-deduction of tax at source under section 194LA for Assessment Years 2009-10 and 2012-13 were successful. The penalties of Rs. 1,68,588 and Rs. 52,810 were deleted by the Commissioner of Income Tax (Appeals) for both years. The decisions emphasized that penalties can be waived in cases of inadvertent errors without mala fide intentions and where there is no loss to the Revenue, underscoring the significance of intent and compliance with tax laws. en-us Wed, 03 Feb 2016 00:00:00 +0530 Wed, 16 Mar 2016 10:16:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325312 The appeals against penalties imposed for non-deduction of tax at source under section 194LA for Assessment Years 2009-10 and 2012-13 were successful. The penalties of Rs. 1,68,588 and Rs. 52,810 were deleted by the Commissioner of Income Tax (Appeals) for both years. The decisions emphasized that penalties can be waived in cases of inadvertent errors without mala fide intentions and where there is no loss to the Revenue, underscoring the significance of intent and compliance with tax laws. Case-Laws Income Tax Wed, 03 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325312