UCO Bank v. JCIT (2022) 195 ITD 9 (Delhi)(Trib.)

S. 272A : Penalty-Delay in filing TDS return-Delay in filing quarterly statements-Not well acquainted with the procedure of e-filing of TDS return-Penalty was deleted. [S. 201, 272(2)(k), 273B]

Held that delay in furnishing TDS quarterly statements as employees of assessee bank were not well acquainted with the procedure of e-filing of TDS return which was made effective from the assessment year 2008-09, the penalty imposed under section 272A(2)(k) was  deleted. (AY. 2009-10)