https://www.taxtmi.com/caselaws?id=290099 The ITAT Cuttack allowed three appeals related to the levy of late fee under section 234E of the Income Tax Act for AY 2013-14. The tribunal held that the Assessing Officer lacked the power to impose late fees under section 234E before the amendment by the Finance Act, 2015. Relying on precedent, the tribunal set aside the imposition of late fees under section 200A read with 234E of the Act, ruling in favor of the assessee on 4th December 2019. en-us Wed, 04 Dec 2019 00:00:00 +0530 Tue, 08 Sep 2020 19:30:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=290099 The ITAT Cuttack allowed three appeals related to the levy of late fee under section 234E of the Income Tax Act for AY 2013-14. The tribunal held that the Assessing Officer lacked the power to impose late fees under section 234E before the amendment by the Finance Act, 2015. Relying on precedent, the tribunal set aside the imposition of late fees under section 200A read with 234E of the Act, ruling in favor of the assessee on 4th December 2019. Case-Laws Income Tax Wed, 04 Dec 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=290099