https://www.taxtmi.com/caselaws?id=358197 The ITAT Delhi allowed the appeals filed by the assessee against the penalty imposed under section 271C of the Income Tax Act for non-deduction of TDS. The ITAT held that there was a reasonable cause for the failure to deduct TDS as the assessee was unaware of the provisions during the relevant assessment years. Relying on precedents and legal provisions, the ITAT concluded that the non-deduction was a technical default and decided to delete the penalties for all the assessment years in question. en-us Mon, 29 Jan 2018 00:00:00 +0530 Sat, 07 Apr 2018 07:56:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=358197 The ITAT Delhi allowed the appeals filed by the assessee against the penalty imposed under section 271C of the Income Tax Act for non-deduction of TDS. The ITAT held that there was a reasonable cause for the failure to deduct TDS as the assessee was unaware of the provisions during the relevant assessment years. Relying on precedents and legal provisions, the ITAT concluded that the non-deduction was a technical default and decided to delete the penalties for all the assessment years in question. Case-Laws Income Tax Mon, 29 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=358197