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Income Tax Appeal Dismissed: Rs. 15,000 Late TDS Fee Waived Due to Assessee's Non-Appearance. The appeal against the National Faceless Appellate Centre's order under section 250 of the Income-tax Act, 1961, for AY 2015-16 was adjudicated ex-parte ...
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Income Tax Appeal Dismissed: Rs. 15,000 Late TDS Fee Waived Due to Assessee's Non-Appearance.
The appeal against the National Faceless Appellate Centre's order under section 250 of the Income-tax Act, 1961, for AY 2015-16 was adjudicated ex-parte due to the assessee's non-appearance. The NFAC, citing judicial precedents, allowed the appeal and deleted the Rs. 15,000 fee levied under section 234E for delayed TDS filing. The appeal seeking reversal was deemed infructuous and dismissed. The ITAT pronounced the order in open court on April 16, 2024, dismissing the assessee's appeal under rule 34 of the ITAT Rules.
Issues involved: Appeal against order u/s 250 of the Income-tax Act, 1961 by National Faceless Appellate Centre for AY 2015-16.
Summary: The appeal was filed against the order passed u/s 250 of the Income-tax Act, 1961 by the National Faceless Appellate Centre for assessment year 2015-16. The case proceeded ex-parte as the assessee did not appear despite being called twice, leading to adjudication on merits u/s 24 of the ITAT Rules, 1963. The Ld. DR was heard, and case records were perused in accordance with rule 18 of ITAT Rules, 1963. The facts were considered in light of settled legal position.
The assessee was required to deduct tax at sources for payments made in financial year 2014-15 relevant to the assessment year under consideration and file TDS statement within the prescribed due date. Due to delay in filing the TDS statement, the respondent levied a fee of &8377;15,000 u/s 234E of the Act. Citing judicial precedents, the NFAC allowed the appeal and deleted the fees levied by the respondent u/s 234E of the Act. The appeal seeking reversal was deemed infructuous and dismissed accordingly.
The appeal of the assessee was dismissed in the above terms as per rule 34 of ITAT Rules. The order was pronounced in open court on Tuesday, 16th day of April, 2024.
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