https://www.taxtmi.com/caselaws?id=325539 The Tribunal allowed both appeals, setting aside the lower authorities' orders and deleting the penalty imposed under section 272A(2)(k) of the Income Tax Act. The penalty was deemed unjustified as the failure to upload the quarterly statement was due to non-availability of PANs for some deductees, despite the taxes being deducted and paid. The Tribunal ruled that there was a reasonable cause for the delay in uploading the statement for deductees without PANs, leading to the deletion of the penalty. en-us Fri, 05 Feb 2016 00:00:00 +0530 Tue, 22 Mar 2016 00:54:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325539 The Tribunal allowed both appeals, setting aside the lower authorities' orders and deleting the penalty imposed under section 272A(2)(k) of the Income Tax Act. The penalty was deemed unjustified as the failure to upload the quarterly statement was due to non-availability of PANs for some deductees, despite the taxes being deducted and paid. The Tribunal ruled that there was a reasonable cause for the delay in uploading the statement for deductees without PANs, leading to the deletion of the penalty. Case-Laws Income Tax Fri, 05 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325539