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2022 (9) TMI 1024 - ITAT MUMBAI
Levying Late filing fees u/s 234E and consequentially interest u/s 220(2) - whether late filing fee u/s 234E of the Act could be levied for TDS returns filed for the period pertaining to the period prior to 1.6.2015 - Diversified views on matter - HELD THAT:- Respectfully following the decision of Hon’ble Supreme Court in the case of CIT vs Vegetable Products Ltd [1973 (1) TMI 1 - SUPREME COURT] we prefer to follow the decision in the case of Fatehraj Singhvi [2016 (9) TMI 964 - KARNATAKA HIGH COURT] and cancel the levy of late filing fees u/s 234E of the Act for both the quarters for both Form 24Q and 26Q TDS statements. - Decided in favour of assessee.