https://www.taxtmi.com/caselaws?id=438105 The Tribunal set aside the order and directed the Assessing Officer to examine the Form No. 27C declaration filed by the assessee, forwarding it for verification. The AO was instructed to pass an order after a hearing, interpreting the time limit for furnishing the declaration as directory, not mandatory. Additionally, the penalty under section 221 for default in TCS payment was set aside due to the prior orders being annulled. The appeals were allowed, and the decisions were announced on 19/05/2023. en-us Fri, 19 May 2023 00:00:00 +0530 Tue, 23 May 2023 08:13:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438105 The Tribunal set aside the order and directed the Assessing Officer to examine the Form No. 27C declaration filed by the assessee, forwarding it for verification. The AO was instructed to pass an order after a hearing, interpreting the time limit for furnishing the declaration as directory, not mandatory. Additionally, the penalty under section 221 for default in TCS payment was set aside due to the prior orders being annulled. The appeals were allowed, and the decisions were announced on 19/05/2023. Case-Laws Income Tax Fri, 19 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438105