Bank Avoids Penalty u/s 272A(2)(c) for Delayed Info Due to Infrastructure, Manpower Issues, Not Willful Non-Compliance.

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....Penalty U/s 272A(2)(c) on bank - delay in furnishing information under the various codes asked by issuing notice by the ITO - non-compliance was not willful but it was due to lack of required infrastructure and man power - no penalty.....