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2018 (6) TMI 499 - AT - Income TaxInitiation of penalty u/s 272A(2)(k) - delay in e-filing of TDS returns - Held that:- following the judgement in case of Nav Maharashtra Vidyalaya Vs. Addl. CIT [2017 (1) TMI 722 - ITAT PUNE] and also because of the requirement of e-TDS furnishing of TDS statement arising for the first time in AY 2011-12, there were problems faced by the assessee and hence, the delay in filing quarterly TDS return late - though the assessee had deposited tax at source in time, we hold that the assessee had reasonable cause in not furnishing the same in time and in view of the provisions of section 273B, we hold that the assessee is not liable to levy of penalty under section 272A(2)(k) - Decided in favor of assessee.
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