https://www.taxtmi.com/caselaws?id=274744 The Tribunal allowed the appeal, setting aside the late fee imposed under section 234E for the 4th Quarter of FY 2013-2014. It held that prior to 01.06.2015, the AO lacked authority to levy fees under section 234E, aligning with the Karnataka High Court's ruling. The decision emphasized that the amendment had prospective effect, rendering any fee demands before the specified date invalid. The late fee was deleted, following the legal interpretation restricting section 234E's application pre-01.06.2015. en-us Wed, 14 Feb 2018 00:00:00 +0530 Fri, 31 Aug 2018 14:09:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=274744 The Tribunal allowed the appeal, setting aside the late fee imposed under section 234E for the 4th Quarter of FY 2013-2014. It held that prior to 01.06.2015, the AO lacked authority to levy fees under section 234E, aligning with the Karnataka High Court's ruling. The decision emphasized that the amendment had prospective effect, rendering any fee demands before the specified date invalid. The late fee was deleted, following the legal interpretation restricting section 234E's application pre-01.06.2015. Case-Laws Income Tax Wed, 14 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=274744