https://www.taxtmi.com/caselaws?id=356442 The Tribunal ruled in favor of the assessee, waiving the penalty under section 272A(2)(k) for a delayed quarterly TDS return filing due to technical difficulties in the new e-filing system. Citing section 273B, the Tribunal held that such technical delays constituted reasonable cause, exempting the assessee from the penalty. Additionally, the Tribunal restricted penalties to the first quarter, preventing overlapping defaults from incurring multiple penalties. The appeal was allowed, and the penalty under section 272A(2)(k) was deleted. en-us Wed, 28 Feb 2018 00:00:00 +0530 Tue, 06 Mar 2018 06:34:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356442 The Tribunal ruled in favor of the assessee, waiving the penalty under section 272A(2)(k) for a delayed quarterly TDS return filing due to technical difficulties in the new e-filing system. Citing section 273B, the Tribunal held that such technical delays constituted reasonable cause, exempting the assessee from the penalty. Additionally, the Tribunal restricted penalties to the first quarter, preventing overlapping defaults from incurring multiple penalties. The appeal was allowed, and the penalty under section 272A(2)(k) was deleted. Case-Laws Income Tax Wed, 28 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356442