https://www.taxtmi.com/caselaws?id=394124 The Tribunal allowed both appeals, deleting the penalties imposed under sections 272A(2)(k) and 271C of the Income Tax Act. The decisions were based on the absence of malafide intent in delayed filings of TDS statements and the requirement to declare the assessee as an assessee in default before imposing penalties for failure to deduct tax at source. en-us Fri, 13 Mar 2020 00:00:00 +0530 Tue, 31 Mar 2020 17:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394124 The Tribunal allowed both appeals, deleting the penalties imposed under sections 272A(2)(k) and 271C of the Income Tax Act. The decisions were based on the absence of malafide intent in delayed filings of TDS statements and the requirement to declare the assessee as an assessee in default before imposing penalties for failure to deduct tax at source. Case-Laws Income Tax Fri, 13 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394124