said impugned order dated November 3, 2000, penalty imposed under Section 271C of the Act by the Additional Commissioner of Income-tax, TDS Range ... short deduction of tax at Rs. 27,68,844. Proceedings under Section 271C for short deduction were initiated and penalty amounting
deleting the penalty imposed by the assessing officer
under section 271C of the Income Tax Act, 1961, on the
ground that the penalty order dated ... issued a common show cause notice for imposition of penalty under
section 271C of the said act. The relevant portion of the said show
cause
said impugned order dated 3-11-2000, penalty imposed under section 271C of the Act by Additional Commissioner, TDS Range 28 (hereinafter referred ... short-deduction of tax at Rs. 27,68,844. Proceedings under section 271C for short-deduction were initiated and penalty amounting
years 1989-90 to 1994-95 confirming the penalties levied under section 271C of the Income Tax Act, 1961. Since the facts are common, these ... erred in confirming the penalty levied by the Deputy Commissioner under section 271C of the Income Tax Act for the alleged default of non-deduction
Fuji Bank Limited 121 Taxman 25 in
which the penalty under Section 271C had been deleted in similar
circumstances, there was no legal infirmity ... some
of the cases herein the Department has levied penalty under Section
271C of the 1961 Act for failure to deduct tax under Section
charging of
interest under Section 201 (1A) and penalty under
Section 271C .
4. Considering the facts and circumstances of the
class of cases of TPAs ... taxes by the deductee assessee or
liability for penalty under Section 271C of the
Income Tax Act as the case may be.
5. The contents
Whether the Tribunal was right in cancelling the penalty imposed under Section 271C of the IT Act, 1961?"
2. It is required ... penalty in view of the provisions contained in Section 271C of the Act, against which the assessed preferred appeals and the Tribunal, on appreciation
assessed was accepted by Joint Commissioner while dropping the penalty under section 271C --Contention of assessed is not acceptable-- Conduct of assessed may be relevant ... regarding issue of levy of penalty under section 271C because of the import of reasonable cause in section 273B but same is not relevant
Japan, for the purposes of deduction of tax from salary under Section 271C of the IT Act (for short 'the Act'). After persistent ... assessed raised various grounds as to why the penalty under Section 271C could not be enforced against assessed. It was specifically pleaded that there
1600/1912
crores can be imposed as per the respondents under Section 271C of the
Act for failure to deduct ... consideration is whether penalties can be and should be
imposed under Section 271C or 271(1)(c) of the Act as the defence/plea
