https://www.taxtmi.com/caselaws?id=389691 The Tribunal held that the levy of late fees under Section 234E for periods before 01/06/2015 was not legally sustainable. Relying on the Karnataka High Court's decision, the Tribunal favored the appellant's position, emphasizing that in the absence of a jurisdictional High Court ruling, the view favorable to the assessee should be adopted. Consequently, the appeal was allowed, and the late fees imposed by the Assessing Officer were annulled. en-us Tue, 10 Dec 2019 00:00:00 +0530 Fri, 13 Dec 2019 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389691 The Tribunal held that the levy of late fees under Section 234E for periods before 01/06/2015 was not legally sustainable. Relying on the Karnataka High Court's decision, the Tribunal favored the appellant's position, emphasizing that in the absence of a jurisdictional High Court ruling, the view favorable to the assessee should be adopted. Consequently, the appeal was allowed, and the late fees imposed by the Assessing Officer were annulled. Case-Laws Income Tax Tue, 10 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389691