HC reduced penalty for delayed deposit of TDS as delay occurred when AO denied to accept outstation

CST & VAT : Where assessee deducted tax at source and prepared drafts equivalent to amount of tax deducted in name of Assessing Officer, but banker of Assessing Officer refused to accept drafts as they were outstation drafts and thereupon assessee deposited deducted amount belatedly, penalty imposed for delayed payment was justfied but same was liable to be reduced