https://www.taxtmi.com/caselaws?id=299838 The appeal was partly allowed in the case involving a penalty under section 272A(2)(k) of the Income Tax Act, 1961 for late filing of TDS quarterly statements. The assessee's argument citing software issues and delayed tax payments was not fully accepted. The tribunal decision referenced clarified that penalties should be imposed only from the date of tax payment to the date of filing the TDS return. Consequently, the Assessing Officer was directed to recalculate the penalty based on this timeframe. en-us Fri, 08 Mar 2013 00:00:00 +0530 Fri, 31 Dec 2021 12:04:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=299838 The appeal was partly allowed in the case involving a penalty under section 272A(2)(k) of the Income Tax Act, 1961 for late filing of TDS quarterly statements. The assessee's argument citing software issues and delayed tax payments was not fully accepted. The tribunal decision referenced clarified that penalties should be imposed only from the date of tax payment to the date of filing the TDS return. Consequently, the Assessing Officer was directed to recalculate the penalty based on this timeframe. Case-Laws Income Tax Fri, 08 Mar 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=299838