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Income Tax - Highlights / Catch Notes

Home Highlights June 2016 Year 2016 This

Levy of penalty under section 272A(2)(k) - TDS return not filed ...


Penalty u/s 272A(2)(k) for Late TDS Return Set Aside After Assessee's Explanation Considered.

June 2, 2016

Case Laws     Income Tax     AT

Levy of penalty under section 272A(2)(k) - TDS return not filed within time - Since the levy of penalty is not mandatory in each and every case and depends upon facts of the case, therefore, considering the explanation of the assessee, levy of penalty set aside - AT

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