https://www.taxtmi.com/caselaws?id=278069 The tribunal allowed the appellant's appeal, canceling the penalty of Rs. 19,100 imposed under section 272A(2)(k) of the Income Tax Act. The delay in filing the quarterly TDS return was considered reasonable due to system errors and a delay by the Chartered Accountant, with no loss to the Revenue. Emphasizing that penalties should not be imposed for technical breaches, the tribunal upheld the decision to cancel the penalty, citing the case law precedent. en-us Tue, 15 Sep 2015 00:00:00 +0530 Tue, 08 Jan 2019 06:53:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278069 The tribunal allowed the appellant's appeal, canceling the penalty of Rs. 19,100 imposed under section 272A(2)(k) of the Income Tax Act. The delay in filing the quarterly TDS return was considered reasonable due to system errors and a delay by the Chartered Accountant, with no loss to the Revenue. Emphasizing that penalties should not be imposed for technical breaches, the tribunal upheld the decision to cancel the penalty, citing the case law precedent. Case-Laws Income Tax Tue, 15 Sep 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278069