https://www.taxtmi.com/caselaws?id=463127 Delay in filing quarterly TDS statements was treated as a procedural lapse rather than a substantive default. The explanation that deductees' PAN details could not be obtained in time was accepted as plausible, and no material showed loss or prejudice to the Revenue. Applying the principle that penalty is not justified for a mere technical or venial breach absent contumacious conduct or revenue harm, the penalty was held unsustainable and directed to be deleted. en-us Mon, 03 Jun 2024 00:00:00 +0530 Thu, 07 Aug 2025 20:34:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463127 Delay in filing quarterly TDS statements was treated as a procedural lapse rather than a substantive default. The explanation that deductees' PAN details could not be obtained in time was accepted as plausible, and no material showed loss or prejudice to the Revenue. Applying the principle that penalty is not justified for a mere technical or venial breach absent contumacious conduct or revenue harm, the penalty was held unsustainable and directed to be deleted. Case-Laws Income Tax Mon, 03 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463127