https://www.taxtmi.com/caselaws?id=342214 The tribunal upheld the CIT(A)'s decision to delete the penalty imposed under section 271(1)(c) of the Income Tax Act. The tribunal found the assessee's explanation for the timing of TDS deduction reasonable and in compliance with contractual obligations. It was determined that there was no evidence of providing incorrect information, leading to the dismissal of the Revenue's appeal. en-us Tue, 25 Apr 2017 00:00:00 +0530 Wed, 02 Aug 2017 11:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342214 The tribunal upheld the CIT(A)'s decision to delete the penalty imposed under section 271(1)(c) of the Income Tax Act. The tribunal found the assessee's explanation for the timing of TDS deduction reasonable and in compliance with contractual obligations. It was determined that there was no evidence of providing incorrect information, leading to the dismissal of the Revenue's appeal. Case-Laws Income Tax Tue, 25 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342214