ITAT Deletes Sections 271C and 271CA Penalties Over Bona Fide Belief:

ITAT deleted Rs 30,108 in TDS and TCS penalties, holding that its bona fide beliefs constituted reasonable cause under Section 273B of the Income Tax Act.
ITAT Removes TDS/TCS Penalties on Mani Square

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ITAT Deletes Sections 271C and 271CA Penalties Over Bona Fide Belief
ITAT deleted Rs 30,108 in TDS and TCS penalties, holding that its bona fide beliefs constituted reasonable cause under Section 273B of the Income Tax Act.
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Saloni Kumari
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Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
Saloni is a Content Writer with 2+ years of experience at studycafe.in. She writes legal, taxation, and finance related content including GST, Income Tax etc. Skilled in translating complex judicial pronouncements and regulatory developments into clear, and reader-friendly articles. Experienced in covering judgements of ITAT, High Court, GSTAT, and news related to Income Tax, GST, and corporate law. She can be reached at [email protected].
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