Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The ITAT considered the levy of late fee u/s 234E for belated filing of quarterly TDS returns. It noted the amendment to section 200A by the Finance Act, 2015, effective from 01.06.2015. Since the assessment years in question were prior to this date, the ITAT held that the Assessing Officer's imposition of late fee u/s 234E while processing TDS returns u/s 200A was unauthorized and invalid. Citing relevant case law, the ITAT ruled that the late fee could not be levied for the financial years 2012-13 and 2013-14. Consequently, the Assessing Officer was directed to remove the late fee imposed u/s 234E in the intimation issued for the processing of quarterly TDS returns. The decision favored the assessee.
The ITAT considered the levy of late fee u/s 234E for belated filing of quarterly TDS returns. It noted the amendment to section 200A by the Finance Act, 2015, effective from 01.06.2015. Since the assessment years in question were prior to this date, the ITAT held that the Assessing Officer's imposition of late fee u/s 234E while processing TDS returns u/s 200A was unauthorized and invalid. Citing relevant case law, the ITAT ruled that the late fee could not be levied for the financial years 2012-13 and 2013-14. Consequently, the Assessing Officer was directed to remove the late fee imposed u/s 234E in the intimation issued for the processing of quarterly TDS returns. The decision favored the assessee.
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