Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2024 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2024 (3) TMI 685 - AT - Income TaxLate fee levied u/s 234E r.w.s. 200A - applying section 200A(l)(c) of the Act retrospectively - HELD THAT:- As decided in True Blue Voice India (P.) Ltd. [2023 (10) TMI 1141 - MADRAS HIGH COURT] respondent had had imposed the late fee only under section 234E of the Act for the assessment years 2012-2013, 2013-2014, 2015- 2015. However, section 200A(c) of the Act was not introduced during the said assessment years. In the absence of any provisions under section 200A of the Act, when they have processed the application for TDS under section 200A, no late fee can be imposed under section 234E. Thus we are of the considered view that the Ld.CIT(A) has fallen in error in sustaining the levy of penalty - Decided in favour of assessee.
|