https://www.taxtmi.com/caselaws?id=326015 The Tribunal allowed the appeal of the assessee and deleted the levy of late fee imposed under section 234E for the quarter-1 of the assessment year 2014-15. The Tribunal held that the adjustment in respect of the levy of fees under section 234E was beyond the permissible adjustments contemplated under section 200A before the June 2015 amendment. The decision was based on the scope of adjustments allowed under the law at the relevant time, and the Tribunal emphasized the need for the CIT(A) to examine the legality of such adjustments in light of the applicable provisions. en-us Fri, 01 Apr 2016 00:00:00 +0530 Mon, 04 Apr 2016 09:12:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326015 The Tribunal allowed the appeal of the assessee and deleted the levy of late fee imposed under section 234E for the quarter-1 of the assessment year 2014-15. The Tribunal held that the adjustment in respect of the levy of fees under section 234E was beyond the permissible adjustments contemplated under section 200A before the June 2015 amendment. The decision was based on the scope of adjustments allowed under the law at the relevant time, and the Tribunal emphasized the need for the CIT(A) to examine the legality of such adjustments in light of the applicable provisions. Case-Laws Income Tax Fri, 01 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326015