https://www.taxtmi.com/caselaws?id=770070 Penalty under section 271CA for failure to collect tax at source on sale of coal and lignite is not automatic where the assessee establishes reasonable cause under section 273B. The assessee had deposited the tax in the same financial year, though belatedly, and supported the delay with evidence that the person responsible for obtaining and filing Form 27C was unavailable due to illness. On those facts, the default was treated as not deliberate, reasonable cause was accepted, and the penalty was deleted. en-us Tue, 29 Apr 2025 00:00:00 +0530 Tue, 06 May 2025 09:58:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=770070 Penalty under section 271CA for failure to collect tax at source on sale of coal and lignite is not automatic where the assessee establishes reasonable cause under section 273B. The assessee had deposited the tax in the same financial year, though belatedly, and supported the delay with evidence that the person responsible for obtaining and filing Form 27C was unavailable due to illness. On those facts, the default was treated as not deliberate, reasonable cause was accepted, and the penalty was deleted. Case-Laws Income Tax Tue, 29 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=770070