ITAT deleted penalty as assessee’s employee wasn’t well acquainted with procedure of e-filing of TDS statements

INCOME TAX : Where there was mere delay in furnishing TDS quarterly statements as employees of assessee bank were not well acquainted with procedure of e-filing of TDS return which was made effective from assessment year 2008-09, penalty imposed under section 272A(2)(k) was to be deletedINCOME TAX : Where there was mere delay in furnishing TDS quarterly statements as employees of assessee bank were not well acquainted with procedure of e-filing of TDS return which was made effective from assessment year 2008-09, penalty imposed under section 272A(2)(k) was to be deletedwww.taxmann.com Latest Case LawsRead More

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