https://www.taxtmi.com/caselaws?id=433781 The Appellate Tribunal ITAT DELHI ruled in a case involving penalties under section 271C of the Income Tax Act for failure to deduct tax at source. The Assessee successfully challenged penalties imposed by the Commissioner of Income Tax (Appeals) before the Tribunal. Despite acknowledging the failure to deduct tax, the Tribunal deleted the penalty, citing a previous decision in favor of the Assessee. The Tribunal warned against future defaults, emphasizing that leniency would not be granted for repeated violations. en-us Mon, 30 Jan 2023 00:00:00 +0530 Wed, 08 Feb 2023 08:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433781 The Appellate Tribunal ITAT DELHI ruled in a case involving penalties under section 271C of the Income Tax Act for failure to deduct tax at source. The Assessee successfully challenged penalties imposed by the Commissioner of Income Tax (Appeals) before the Tribunal. Despite acknowledging the failure to deduct tax, the Tribunal deleted the penalty, citing a previous decision in favor of the Assessee. The Tribunal warned against future defaults, emphasizing that leniency would not be granted for repeated violations. Case-Laws Income Tax Mon, 30 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433781