https://www.taxtmi.com/caselaws?id=382215 The Tribunal upheld the CIT(A)'s decision to delete the penalty under Section 271G imposed by the AO for failure to maintain documentation as required under the Income Tax Act. The Tribunal found that the assessee had provided the necessary documentation, even though it did not meet the TPO's format requirements. The penalty was deemed unjustified as the assessee had submitted the required information, leading to the dismissal of the Revenue's appeal on 24/06/2019. en-us Mon, 24 Jun 2019 00:00:00 +0530 Thu, 27 Jun 2019 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382215 The Tribunal upheld the CIT(A)'s decision to delete the penalty under Section 271G imposed by the AO for failure to maintain documentation as required under the Income Tax Act. The Tribunal found that the assessee had provided the necessary documentation, even though it did not meet the TPO's format requirements. The penalty was deemed unjustified as the assessee had submitted the required information, leading to the dismissal of the Revenue's appeal on 24/06/2019. Case-Laws Income Tax Mon, 24 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382215