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![ITAT Deletes Penalty against Jaypee Sports Internationals as there was Reasonable Cause for Non-Deduction of Tax on Lease Rent [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/11/Jaypee-Group-Taxscan.jpg "ITAT Deletes Penalty against Jaypee Sports Internationals as there was Reasonable Cause for Non-Deduction of Tax on Lease Rent [Read Order]")
ITAT Deletes Penalty against Jaypee Sports Internationals as there was Reasonable Cause for Non-Deduction of Tax on Lease Rent [Read Order]
While deleting penalty proceedings under Section 271C of the Income Tax Act initiated by the department, the ITAT held that there was reasonable cause...