https://www.taxtmi.com/caselaws?id=405080 The tribunal ruled that late fees under section 234E could not be levied for the period up to 01/06/2015. For the assessment year 2015-16, the amended provisions would apply, but no interest would be chargeable for the first quarter. The tribunal directed the Ld.AO to delete the addition made under section 234B for the relevant assessment years, as interest under section 234B was not leviable for the years 2013-14 and 2014-15. The appeal was partly allowed for the year 2015-16, with the tribunal allowing the appeal filed by the assessee for all years under consideration. en-us Mon, 08 Mar 2021 00:00:00 +0530 Thu, 11 Mar 2021 09:14:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=405080 The tribunal ruled that late fees under section 234E could not be levied for the period up to 01/06/2015. For the assessment year 2015-16, the amended provisions would apply, but no interest would be chargeable for the first quarter. The tribunal directed the Ld.AO to delete the addition made under section 234B for the relevant assessment years, as interest under section 234B was not leviable for the years 2013-14 and 2014-15. The appeal was partly allowed for the year 2015-16, with the tribunal allowing the appeal filed by the assessee for all years under consideration. Case-Laws Income Tax Mon, 08 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=405080