https://www.taxtmi.com/caselaws?id=410640 Penalty under section 272A(2)(k) was not leviable for delayed electronic filing of quarterly TDS statements where tax was duly deducted and remitted to the Central Government within time. The delay related only to compliance with section 200(3) and Rule 31A, and was treated as a procedural lapse causing no loss to the exchequer. On these facts, the non-compliance was regarded as a technical, venial breach and reasonable cause was found for the delay, so the penalty was directed to be deleted. en-us Mon, 02 Aug 2021 00:00:00 +0530 Fri, 06 Aug 2021 09:13:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=410640 Penalty under section 272A(2)(k) was not leviable for delayed electronic filing of quarterly TDS statements where tax was duly deducted and remitted to the Central Government within time. The delay related only to compliance with section 200(3) and Rule 31A, and was treated as a procedural lapse causing no loss to the exchequer. On these facts, the non-compliance was regarded as a technical, venial breach and reasonable cause was found for the delay, so the penalty was directed to be deleted. Case-Laws Income Tax Mon, 02 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=410640