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SC granted SLP against HC's order confirming sec. 271C penalty even assessee had reasonable cause for fault

April 22, 2019[2019] 106 taxmann.com 87 (SC)/[2019] 264 Taxman 21 (SC)
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IT: Where High Court set aside Tribunal's order deleting penalty imposed under section 271C by taking a view that there were regular delays on part of assessee in depositing tax deducted at source with Central Government for which no reasonable explanation was offered, SLP filed against said decision was to be granted

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