Court Upholds Penalty for Late TDS Return Filing; No Relief Due to Lack of Reasonable Cause u/s 273B.

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....Penalty u/s 272A(2)(k) - late filing of TDS return - No plausible explanation had been tendered by the assessee for filing the tax deducted at source returns belatedly and, therefore, the benefit under section 273B of the Act could not be given. - HC....