TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Section 234E: Fees for Late Submission of Tax Statements Introduced in 2012 Finance Bill, Effective July 1, 2012.</h1> Clause 86 of the Finance Bill, 2012, introduces section 234E into the Income-tax Act, effective from July 1, 2012. It mandates a fee for failing to submit required statements on time as per section 200(3) or section 206C(3). The fee is 200 rupees per day of delay, not exceeding the tax amount deductible or collectible. This fee must be paid before submitting the overdue statement. The provision applies to statements related to tax deducted or collected at source, starting from the specified date.
TaxTMI 
TaxTMI 
