https://www.taxtmi.com/caselaws?id=372460 The Tribunal held that the Revenue authorities were not justified in levying late fees under section 234E of the Income Tax Act while processing TDS statements under section 200A before the amendment effective from 01.06.2015. The Tribunal found that the amendment was prospective, and therefore, late fees could not be imposed for periods prior to the effective date. Consequently, the Tribunal allowed all 56 appeals, canceling the levy of late fees under section 234E for TDS statements processed before 01.06.2015. en-us Tue, 13 Nov 2018 00:00:00 +0530 Sun, 23 Dec 2018 10:01:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=372460 The Tribunal held that the Revenue authorities were not justified in levying late fees under section 234E of the Income Tax Act while processing TDS statements under section 200A before the amendment effective from 01.06.2015. The Tribunal found that the amendment was prospective, and therefore, late fees could not be imposed for periods prior to the effective date. Consequently, the Tribunal allowed all 56 appeals, canceling the levy of late fees under section 234E for TDS statements processed before 01.06.2015. Case-Laws Income Tax Tue, 13 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=372460