https://www.taxtmi.com/caselaws?id=397567 The Tribunal upheld the mandatory levy of late fee under Section 234E of the Income Tax Act, 1961, emphasizing that the Assessing Officer must adjust late fees during TDS statement processing. The appeal filed by the assessee was deemed invalid due to delay without condonation. Despite the assessee's explanation for the delay, the Tribunal affirmed the constitutional validity of Section 234E and the AO's authority to levy late fees, stating that discretion is not permitted in such cases. The Tribunal dismissed the appeal, supporting the lower authorities' decisions without finding any errors. en-us Wed, 19 Aug 2020 00:00:00 +0530 Sat, 22 Aug 2020 11:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397567 The Tribunal upheld the mandatory levy of late fee under Section 234E of the Income Tax Act, 1961, emphasizing that the Assessing Officer must adjust late fees during TDS statement processing. The appeal filed by the assessee was deemed invalid due to delay without condonation. Despite the assessee's explanation for the delay, the Tribunal affirmed the constitutional validity of Section 234E and the AO's authority to levy late fees, stating that discretion is not permitted in such cases. The Tribunal dismissed the appeal, supporting the lower authorities' decisions without finding any errors. Case-Laws Income Tax Wed, 19 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397567