https://www.taxtmi.com/caselaws?id=468434 Penalty under section 272A(2)(g) was found unwarranted where the default was limited to delayed issuance of TDS certificates after deduction and deposit of tax. The delay was treated as a technical breach, and the assessee's explanation was accepted as reasonable cause under section 273B. As the material showed that compounding consequences had already followed the delayed TDS deposit, the protective provision applied and the penalty could not be sustained. en-us Wed, 29 Oct 2025 00:00:00 +0530 Tue, 05 May 2026 17:53:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468434 Penalty under section 272A(2)(g) was found unwarranted where the default was limited to delayed issuance of TDS certificates after deduction and deposit of tax. The delay was treated as a technical breach, and the assessee's explanation was accepted as reasonable cause under section 273B. As the material showed that compounding consequences had already followed the delayed TDS deposit, the protective provision applied and the penalty could not be sustained. Case-Laws Income Tax Wed, 29 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468434