https://www.taxtmi.com/caselaws?id=384659 The Tribunal allowed all appeals by the assessee, holding that the imposition of penalties under Section 271-C of the Income Tax Act was not justified. The penalties were deleted based on the debatable nature of the issue and the reasonable cause demonstrated by the bank for failing to deduct tax at source on Leave Travel Allowance reimbursements involving travel outside India but concluding within India. en-us Wed, 14 Aug 2019 00:00:00 +0530 Mon, 19 Aug 2019 15:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=384659 The Tribunal allowed all appeals by the assessee, holding that the imposition of penalties under Section 271-C of the Income Tax Act was not justified. The penalties were deleted based on the debatable nature of the issue and the reasonable cause demonstrated by the bank for failing to deduct tax at source on Leave Travel Allowance reimbursements involving travel outside India but concluding within India. Case-Laws Income Tax Wed, 14 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=384659