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Income Tax - Highlights / Catch Notes

Home Highlights July 2020 Year 2020 This

Levy of late fee u/s 234E - since the levy of late fee as ...


Section 234E Late Fee is Mandatory: No Waivers or Deletions Allowed for Reasonable Cause by Taxpayer.

July 2, 2020

Case Laws     Income Tax     AT

Levy of late fee u/s 234E - since the levy of late fee as prescribed U/s 234E of the Act is mandatory and consequential, therefore, the same cannot be deleted on the ground of reasonable cause as explained by the assessee.

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