https://www.taxtmi.com/caselaws?id=307768 The Tribunal allowed the appeal in favor of the assessee in a case regarding penalty under section 272A(2)(k) for late filing of TDS return. The Tribunal directed a reconsideration by the CIT(A), emphasizing the restriction of penalty calculation from TDS payment to e-TDS statement filing. The decision highlighted the importance of considering the actual delay and the sequence of events related to TDS compliance. The CIT(A) was instructed to provide the assessee with a fair opportunity to explain the delay before issuing a reasoned order. en-us Fri, 30 Aug 2019 00:00:00 +0530 Fri, 05 May 2023 21:29:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=307768 The Tribunal allowed the appeal in favor of the assessee in a case regarding penalty under section 272A(2)(k) for late filing of TDS return. The Tribunal directed a reconsideration by the CIT(A), emphasizing the restriction of penalty calculation from TDS payment to e-TDS statement filing. The decision highlighted the importance of considering the actual delay and the sequence of events related to TDS compliance. The CIT(A) was instructed to provide the assessee with a fair opportunity to explain the delay before issuing a reasoned order. Case-Laws Income Tax Fri, 30 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=307768