https://www.taxtmi.com/caselaws?id=184294 The Tribunal allowed the appeal, deleting the penalties imposed on both issues. The decision was based on the lack of recorded satisfaction for the first issue regarding the deduction of TDS in foreign countries and the time-barred nature of the penalty for the second issue concerning the excess provision of interest tax. The appeal was pronounced in favor of the assessee on 30.10.2009. en-us Fri, 30 Oct 2009 00:00:00 +0530 Mon, 04 Jul 2016 18:54:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=184294 The Tribunal allowed the appeal, deleting the penalties imposed on both issues. The decision was based on the lack of recorded satisfaction for the first issue regarding the deduction of TDS in foreign countries and the time-barred nature of the penalty for the second issue concerning the excess provision of interest tax. The appeal was pronounced in favor of the assessee on 30.10.2009. Case-Laws Income Tax Fri, 30 Oct 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=184294