https://www.taxtmi.com/caselaws?id=377906 The Tribunal upheld the CIT(A)'s decision to delete the penalty under section 271C, citing non-taxable software payments. The judgment emphasized that once demand under section 201(1) was canceled due to non-default status, the penalty under section 271C cannot stand. Revenue's appeal was dismissed, and penalty was not applicable. en-us Wed, 27 Mar 2019 00:00:00 +0530 Thu, 04 Apr 2019 13:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377906 The Tribunal upheld the CIT(A)'s decision to delete the penalty under section 271C, citing non-taxable software payments. The judgment emphasized that once demand under section 201(1) was canceled due to non-default status, the penalty under section 271C cannot stand. Revenue's appeal was dismissed, and penalty was not applicable. Case-Laws Income Tax Wed, 27 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377906