https://www.taxtmi.com/caselaws?id=294249 The Tribunal upheld penalty orders under section 271C of the I.T. Act for delays in TDS remittance, totaling Rs. 27,80,002 for various financial years. Despite the assessee citing financial difficulties as the reason for delays and remitting TDS with interest, the Tribunal found no evidence supporting the claim and emphasized continuous delays as willful default. The Tribunal also directed the Assessing Officer to recalculate one penalty not to exceed the unpaid tax amount. All appeals were ultimately dismissed, confirming the penalty imposition. en-us Fri, 09 Jan 2015 00:00:00 +0530 Fri, 05 Aug 2022 15:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294249 The Tribunal upheld penalty orders under section 271C of the I.T. Act for delays in TDS remittance, totaling Rs. 27,80,002 for various financial years. Despite the assessee citing financial difficulties as the reason for delays and remitting TDS with interest, the Tribunal found no evidence supporting the claim and emphasized continuous delays as willful default. The Tribunal also directed the Assessing Officer to recalculate one penalty not to exceed the unpaid tax amount. All appeals were ultimately dismissed, confirming the penalty imposition. Case-Laws Income Tax Fri, 09 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294249