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2018 (4) TMI 308 - ITAT DELHIPenalty u/s 271C - default on the part of assessee in complying with provisions of section 201 (1) and 201 (1A) - non deduction of tds by assessee as an employee of Post and Telegraph Department government statutory organisation - Held that:- Non-deduction of TDS was not deliberate but merely a technical default. We observe that there was a reasonable cause for not deducting TDS. Assessee was ignorant of the TDS provisions under Income Tax Act and it was intimated to him in the subsequent assessment years. Under such circumstances as per 273 B, penalty provisions cannot be considered to be automatic if the assessee has been able to establish a reasonable cause for the said failure. See Commr. Of Income Tax-XVIII, Delhi Versus Bank Of Nova Scotia [2016 (1) TMI 583 - SUPREME COURT] - Decided in favour of assessee
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