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of The ITAT upheld the CPC's authority under section 200A(2) to levy late fees u/s 234E and interest u/s 201 for delayed filing and non-deposit of TDS statements. While section 200A(2) uses the term 'tax payable,' the Tribunal interpreted this to encompass the broader 'sum payable,' including fees and interest. The CPC's scheme for centralised processing aims to streamline TDS return handling, replacing Assessing Officers' functions. The Tribunal rejected the assessee's contention that CPC lacked power to impose fees and interest, emphasizing the statutory scheme's intent and provisions. Consequently, the appeal challenging the levy of late fees and interest by CPC was dismissed, affirming the validity of CPC's actions under the Income Tax Act.
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