https://www.taxtmi.com/caselaws?id=285106 The Tribunal upheld the penalty of Rs. 1,81,00,765 under Section 271C of the Income Tax Act for non-deduction of TDS, emphasizing the assessee's awareness of their obligations. Despite the assessee's claims of tax payments by recipients, the lack of supporting documents led to the penalty confirmation. The penalty order was deemed timely, starting from the JCIT's initiation of proceedings. The Tribunal dismissed arguments of reasonable grounds for non-deduction and cited the necessity of complying with TDS provisions. The appeal was partially allowed for verification of tax payments by recipients, stressing the importance of adherence to tax laws. en-us Mon, 25 Feb 2019 00:00:00 +0530 Thu, 26 Dec 2019 17:46:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=285106 The Tribunal upheld the penalty of Rs. 1,81,00,765 under Section 271C of the Income Tax Act for non-deduction of TDS, emphasizing the assessee's awareness of their obligations. Despite the assessee's claims of tax payments by recipients, the lack of supporting documents led to the penalty confirmation. The penalty order was deemed timely, starting from the JCIT's initiation of proceedings. The Tribunal dismissed arguments of reasonable grounds for non-deduction and cited the necessity of complying with TDS provisions. The appeal was partially allowed for verification of tax payments by recipients, stressing the importance of adherence to tax laws. Case-Laws Income Tax Mon, 25 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=285106