Penalty u/s 271C not leviable if reasonable cause shown for non-deduction of TDS

Idea Cellular Ltd Vs JCIT (ITAT Indore)

ITAT Jaipur held that being a debatable issue there was a reasonable cause for non-deduction of TDS on specified transactions and accordingly penalty under section 271C of the Income Tax Act not justified.

Facts- The assessee is a telecom service provider engaged in providing services in Madhya Pradesh and Chhattisgarh.

Please become a Premium member. If you are already a Premium member, login here to access the full content.