https://www.taxtmi.com/caselaws?id=189605 The Tribunal partially allowed the appeal, restricting the penalty under section 272A(2)(k) of the Income-tax Act to the date of tax deposit, despite late filing of quarterly returns of tax deducted at source. Emphasizing that the delay in furnishing the tax deduction certificate was technical and did not cause any loss to the Revenue, the decision aimed to balance compliance requirements with mitigating circumstances. The judgment clarified the application of penalties under the Act, ensuring fairness in such cases. en-us Fri, 22 Nov 2013 00:00:00 +0530 Tue, 10 Jan 2023 17:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189605 The Tribunal partially allowed the appeal, restricting the penalty under section 272A(2)(k) of the Income-tax Act to the date of tax deposit, despite late filing of quarterly returns of tax deducted at source. Emphasizing that the delay in furnishing the tax deduction certificate was technical and did not cause any loss to the Revenue, the decision aimed to balance compliance requirements with mitigating circumstances. The judgment clarified the application of penalties under the Act, ensuring fairness in such cases. Case-Laws Income Tax Fri, 22 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189605