Precision Realtors Pvt. Ltd., New Delhi vs Acit, Range -76, New Delhi on 3 February, 2023
4. Heard rival submissions perused the orders of the lower
authorities. We observe that the issue in appeal i.e. as to
whether penalty under section 271C of the Act is leviable for
non-deduction of TDS under section 194C on the payments
made towards External Development Charges to HUDA came up
before the co-ordinate bench of the Tribunal in the case of
Satya Developers Pvt. Ltd. Vs. JCIT and the co-ordinate
bench by order dated 7.06.2022 deleted the penalty observing
as under:-