https://www.taxtmi.com/caselaws?id=399685 The Tribunal partially allowed the appeals by directing the deletion of the penalty under Section 271C for wrong deduction of tax at source. The ground regarding the ex-parte dismissal of the appeal by the CIT(A) was dismissed as not pressed. The appellants' reasonable cause and bona fide belief in deducting tax at a lower rate were acknowledged, leading to the removal of the penalty. The order was pronounced on 14.10.2020. en-us Wed, 14 Oct 2020 00:00:00 +0530 Fri, 16 Oct 2020 13:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399685 The Tribunal partially allowed the appeals by directing the deletion of the penalty under Section 271C for wrong deduction of tax at source. The ground regarding the ex-parte dismissal of the appeal by the CIT(A) was dismissed as not pressed. The appellants' reasonable cause and bona fide belief in deducting tax at a lower rate were acknowledged, leading to the removal of the penalty. The order was pronounced on 14.10.2020. Case-Laws Income Tax Wed, 14 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399685