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2021 (11) TMI 676 - AT - Income TaxLevying late fees u/s. 234E - belated submission of TDS statements - Scope of amendment - HELD THAT:- It is only w.e.f. 01.06.2015 an amendment was made u/s. 200A of the Act providing that fee u/s. 234E could be computed at the time of processing of the return of income and intimation could be issued specifying the same payable by the deductor as fee u/s. 234E of the Act. The Hon'ble Karnataka High Court in the case of Fatheraj Singhvi [2016 (9) TMI 964 - KARNATAKA HIGH COURT] held that the provisions of section 234E of the Act are substantive in nature and the mechanism for computing the late fee was provided by the Parliament only w.e.f. 01.06.2015. Therefore, late fees u/s. 234E of the Act can be levied only prospectively w.e.f. 01.06.2015. We delete the levy of penalty u/s. 234E - Decided in favour of assessee.
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