https://www.taxtmi.com/caselaws?id=356729 The ITAT Delhi upheld the penalty under section 271C of the I.T. Act for the failure to deduct TDS on lease rent payments to Noida Authority. The appeals by the assessee were dismissed, emphasizing the lack of reasonable cause for not deducting TDS despite claiming efforts to seek clarification from Noida Authority. The ITAT concluded that the assessee's negligence in adhering to legal requirements justified the penalty imposition. en-us Thu, 08 Mar 2018 00:00:00 +0530 Sat, 10 Mar 2018 06:57:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=356729 The ITAT Delhi upheld the penalty under section 271C of the I.T. Act for the failure to deduct TDS on lease rent payments to Noida Authority. The appeals by the assessee were dismissed, emphasizing the lack of reasonable cause for not deducting TDS despite claiming efforts to seek clarification from Noida Authority. The ITAT concluded that the assessee's negligence in adhering to legal requirements justified the penalty imposition. Case-Laws Income Tax Thu, 08 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=356729