Penalty u/s 272A(2)(k) for Late TDS Return Set Aside After Assessee's Explanation Considered.

Penalty u/s 272A(2)(k) for Late TDS Return Set Aside After Assessee's Explanation Considered. https://www.taxtmi.com/highlights?id=29566 Levy of penalty under section 272A(2)(k) - TDS return not filed within time - Since the levy of penalty is not mandatory in each and every case and depends upon facts of the case, therefore, considering the explanation of the assessee, levy of penalty set aside - AT en-us Thu, 02 Jun 2016 15:36:32 +0530 Thu, 02 Jun 2016 15:36:32 +0530 TaxTMI RSS Generator Penalty u/s 272A(2)(k) for Late TDS Return Set Aside After Assessee's Explanation Considered. https://www.taxtmi.com/highlights?id=29566 Levy of penalty under section 272A(2)(k) - TDS return not filed within time - Since the levy of penalty is not mandatory in each and every case and depends upon facts of the case, therefore, considering the explanation of the assessee, levy of penalty set aside - AT Highlights Income Tax Thu, 02 Jun 2016 15:36:32 +0530 https://www.taxtmi.com/highlights?id=29566