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2022 (5) TMI 1602 - AT - Income TaxLevy of fees u/s. 234E - intimation u/s 200A - Fee for default in furnishing statements - AR submitted that fees have been levied for the period prior to 01.06.2015 - HELD THAT:- We find that a view favorable to the assessee has been taken by in recent decision titled as United Metals V/s ITO [2021 (12) TMI 1349 - KERALA HIGH COURT] following its earlier decision in Sarala Memorial Hospital V/s UOI [2018 (12) TMI 1818 - KERALA HIGH COURT] which is stated to have attained finality. Similar view favorable to assessee has been taken in its recent decision titled as M/s. DRG Rexine Inc. V/s ACIT [2022 (2) TMI 1404 - ITAT CHENNAI] following the case law of Fatehraj Singhvi V/s UOI [2016 (9) TMI 964 - KARNATAKA HIGH COURT]. Admittedly, there is no decision by Hon'ble High Court of Madras. In such a case, an analogy could be drawn from the decision of Hon'ble Supreme Court in CIT V/s Vegetable products Ltd. [1973 (1) TMI 1 - SUPREME COURT] for the conclusion that in case of two reasonable constructions of taxing statutes, the one that favors the assessee must be adopted. Respectfully following the same, we would hold that a view favorable to the assessee was to be adopted and therefore, the levy of fees u/s. 234E for any period prior to 01/06/2015 would not be sustainable in the eyes of law. We order so. In the result, the fees levied by TDS officer u/s. 234E for Financial Years 2013-14 & 2014-15 could not be sustained - Assessee appeal allowed.
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