https://www.taxtmi.com/caselaws?id=325733 The ITAT ruled in favor of the assessee, holding that the levy of late fees under section 234E of the Income Tax Act, 1961 for late filing of the TDS statement for the financial year 2013-14 was unsustainable in law. The ITAT emphasized that the imposition of fees under section 234E was beyond the permissible adjustments under section 200A at the time of the order. Therefore, the ITAT deleted the penalty imposed on the assessee, citing legal precedent and the absence of conflicting judgments presented by the Revenue authorities. en-us Thu, 18 Feb 2016 00:00:00 +0530 Mon, 28 Mar 2016 07:01:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325733 The ITAT ruled in favor of the assessee, holding that the levy of late fees under section 234E of the Income Tax Act, 1961 for late filing of the TDS statement for the financial year 2013-14 was unsustainable in law. The ITAT emphasized that the imposition of fees under section 234E was beyond the permissible adjustments under section 200A at the time of the order. Therefore, the ITAT deleted the penalty imposed on the assessee, citing legal precedent and the absence of conflicting judgments presented by the Revenue authorities. Case-Laws Income Tax Thu, 18 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325733