https://www.taxtmi.com/caselaws?id=771317 Delayed deposit of tax deducted at source, followed by voluntary payment of the tax with interest before issuance of the show-cause notice, was treated as insufficient to justify prosecution sanction under the Income-tax Act. The explanation for the delay was neither doubted nor rejected, and the matter did not involve a complete failure to deduct or deposit tax. In the absence of malicious or contumacious conduct, mere delayed compliance was held not enough to sustain penal prosecution, and the impugned sanction order was set aside. en-us Tue, 18 Mar 2025 00:00:00 +0530 Fri, 23 May 2025 08:46:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771317 Delayed deposit of tax deducted at source, followed by voluntary payment of the tax with interest before issuance of the show-cause notice, was treated as insufficient to justify prosecution sanction under the Income-tax Act. The explanation for the delay was neither doubted nor rejected, and the matter did not involve a complete failure to deduct or deposit tax. In the absence of malicious or contumacious conduct, mere delayed compliance was held not enough to sustain penal prosecution, and the impugned sanction order was set aside. Case-Laws Income Tax Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771317