https://www.taxtmi.com/caselaws?id=180445 The appeal was filed against a penalty imposed under section 272B of the Income Tax Act, 1961 for not quoting PAN numbers of deductees in the e-TDS quarterly statement. The Assessing Officer upheld the penalty of &8377;60,000, which was challenged. The Tribunal partially allowed the appeal, recognizing the error in the penalty amount imposed, clarifying the correct application of the penalty amount as per the provisions of the Act. en-us Mon, 26 Nov 2012 00:00:00 +0530 Fri, 25 Mar 2016 12:03:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=180445 The appeal was filed against a penalty imposed under section 272B of the Income Tax Act, 1961 for not quoting PAN numbers of deductees in the e-TDS quarterly statement. The Assessing Officer upheld the penalty of &8377;60,000, which was challenged. The Tribunal partially allowed the appeal, recognizing the error in the penalty amount imposed, clarifying the correct application of the penalty amount as per the provisions of the Act. Case-Laws Income Tax Mon, 26 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=180445