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2023 (8) TMI 332 - AT - Income TaxPenalty u/s. 272A(2)(k) - delay in filing quarterly statements of TDS - ssessee deposited the TDS to the concerned Central Government account in time - HELD THAT:- We note that there was no delay in deposit of TDS amounts in the concerned account of Central Government and it is only delay in furnishing of TDS statement which is technical in nature, no penalty is warranted in terms of the finding of this Tribunal in the case of Maharashtra Jeevan Pradhikaran Works Division [2021 (5) TMI 584 - ITAT PUNE] as held that mere non-filing of TDS statement being merely a technical default no penalty is warranted. Decided in favour of assessee. Thus, the order of CIT(A) is not justified and grounds raised by the assessee are allowed.
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