https://www.taxtmi.com/caselaws?id=381203 The Tribunal allowed the appeal of the assessee, setting aside the penalties imposed for non-uploading of Form 3CEB electronically. The Tribunal found the failure to upload the form was unintentional and bonafide, as the assessee was unaware of the legal requirement, and no adjustments were proposed by the Transfer Pricing Officer. The Tribunal emphasized the discretionary nature of the penalty provision and exempted the penalties based on the reasonable cause shown by the assessee. en-us Thu, 14 Mar 2019 00:00:00 +0530 Thu, 26 Sep 2019 17:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381203 The Tribunal allowed the appeal of the assessee, setting aside the penalties imposed for non-uploading of Form 3CEB electronically. The Tribunal found the failure to upload the form was unintentional and bonafide, as the assessee was unaware of the legal requirement, and no adjustments were proposed by the Transfer Pricing Officer. The Tribunal emphasized the discretionary nature of the penalty provision and exempted the penalties based on the reasonable cause shown by the assessee. Case-Laws Income Tax Thu, 14 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381203