https://www.taxtmi.com/caselaws?id=398169 The Tribunal held that late fees under section 234E could not be charged for periods before 01.06.2015, even if processing or rectification orders occurred after this date. The charges were deemed invalid, aligning with the principle of prospective application of amendments. The decision favored the assessee, following the Karnataka High Court's stance, as the Delhi High Court had not ruled on the issue. The Tribunal ruled in favor of the assessee, deleting the intimation and demands raised under section 200A for the relevant periods. en-us Mon, 31 Aug 2020 00:00:00 +0530 Tue, 08 Sep 2020 10:36:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=398169 The Tribunal held that late fees under section 234E could not be charged for periods before 01.06.2015, even if processing or rectification orders occurred after this date. The charges were deemed invalid, aligning with the principle of prospective application of amendments. The decision favored the assessee, following the Karnataka High Court's stance, as the Delhi High Court had not ruled on the issue. The Tribunal ruled in favor of the assessee, deleting the intimation and demands raised under section 200A for the relevant periods. Case-Laws Income Tax Mon, 31 Aug 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=398169