https://www.taxtmi.com/caselaws?id=343034 The Tribunal partly allowed the appeals, directing the Assessing Officer to recompute the penalty under section 271C. The Tribunal found reasonable cause for certain defaults, such as the applicability of different TDS sections and non-liability of TDS on certain payments. It excluded amounts where TDS was paid in the succeeding year due to pending reconciliation. The decision applied mutatis mutandis to all related appeals. en-us Wed, 25 Jan 2017 00:00:00 +0530 Wed, 17 May 2017 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=343034 The Tribunal partly allowed the appeals, directing the Assessing Officer to recompute the penalty under section 271C. The Tribunal found reasonable cause for certain defaults, such as the applicability of different TDS sections and non-liability of TDS on certain payments. It excluded amounts where TDS was paid in the succeeding year due to pending reconciliation. The decision applied mutatis mutandis to all related appeals. Case-Laws Income Tax Wed, 25 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=343034