https://www.taxtmi.com/caselaws?id=198918 The Tribunal dismissed the Department's appeal against the Commissioner of Income Tax(Appeals) order for AY 2014-15, regarding the penalty under Section 271C for failure to deduct TDS. The Tribunal upheld the CIT(A)'s decision, finding the assessee had a reasonable cause for the delay in TDS deposit, referencing case laws emphasizing the need to establish contumacious conduct for penalty under Section 271C. Consequently, no penalty was imposed due to the reasonable cause shown by the assessee. en-us Wed, 19 Apr 2017 00:00:00 +0530 Tue, 13 Feb 2018 06:22:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198918 The Tribunal dismissed the Department's appeal against the Commissioner of Income Tax(Appeals) order for AY 2014-15, regarding the penalty under Section 271C for failure to deduct TDS. The Tribunal upheld the CIT(A)'s decision, finding the assessee had a reasonable cause for the delay in TDS deposit, referencing case laws emphasizing the need to establish contumacious conduct for penalty under Section 271C. Consequently, no penalty was imposed due to the reasonable cause shown by the assessee. Case-Laws Income Tax Wed, 19 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198918