https://www.taxtmi.com/caselaws?id=362406 The Tribunal upheld the penalty imposed under section 272A(2)(k) for the delay in filing e-TDS returns for the assessment year 2011-12. Despite explanations citing reasons such as staff changes and Common Wealth Games 2010, the Tribunal deemed the delay as deliberate negligence, emphasizing the importance of strict compliance with TDS provisions. The Tribunal highlighted that even though TDS amounts were deposited on time, the delays in filing could affect revenue processing and interest payments on refunds. The appeal was dismissed, affirming the penalty for non-compliance with TDS filing requirements. en-us Fri, 22 Jun 2018 00:00:00 +0530 Mon, 25 Jun 2018 09:01:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=362406 The Tribunal upheld the penalty imposed under section 272A(2)(k) for the delay in filing e-TDS returns for the assessment year 2011-12. Despite explanations citing reasons such as staff changes and Common Wealth Games 2010, the Tribunal deemed the delay as deliberate negligence, emphasizing the importance of strict compliance with TDS provisions. The Tribunal highlighted that even though TDS amounts were deposited on time, the delays in filing could affect revenue processing and interest payments on refunds. The appeal was dismissed, affirming the penalty for non-compliance with TDS filing requirements. Case-Laws Income Tax Fri, 22 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=362406