https://www.taxtmi.com/caselaws?id=396365 The Tribunal upheld the levy of penalty under Section 234E of the Income Tax Act, emphasizing its mandatory nature without discretion for reasonable cause. Financial hardship and delays in filing TDS statements were not considered as valid reasons to waive the late fees. The recovery of late fees through intimation under Section 200A was deemed legal, and the appeal lacked merit, resulting in the dismissal of the appeal and affirmation of the lower authorities' orders. en-us Wed, 24 Jun 2020 00:00:00 +0530 Thu, 02 Jul 2020 08:20:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=396365 The Tribunal upheld the levy of penalty under Section 234E of the Income Tax Act, emphasizing its mandatory nature without discretion for reasonable cause. Financial hardship and delays in filing TDS statements were not considered as valid reasons to waive the late fees. The recovery of late fees through intimation under Section 200A was deemed legal, and the appeal lacked merit, resulting in the dismissal of the appeal and affirmation of the lower authorities' orders. Case-Laws Income Tax Wed, 24 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=396365