Late Fee Imposed u/s 234E for TDS Statement Delay; Section 234B Interest Not Applicable for 2013-15 Assessment Years.

Late Fee Imposed u/s 234E for TDS Statement Delay; Section 234B Interest Not Applicable for 2013-15 Assessment Years. https://www.taxtmi.com/highlights?id=57124 Late fee levied u/s 234E - delay in furnishing the tax deducted at source statement - Late fee under section 234B cannot be levied for a period up to 01/06/2015. In the present years under consideration, interest u/s 234B is not leviable for asst. year 2013-14 & 2014-15. However for asst. year 2015-16 the amended provisions would be applicable. In respect of asst. year 2015-16, no interest would be chargeable for the first quarter. - AT en-us Thu, 11 Mar 2021 12:34:39 +0530 Thu, 11 Mar 2021 12:34:39 +0530 TaxTMI RSS Generator Late Fee Imposed u/s 234E for TDS Statement Delay; Section 234B Interest Not Applicable for 2013-15 Assessment Years. https://www.taxtmi.com/highlights?id=57124 Late fee levied u/s 234E - delay in furnishing the tax deducted at source statement - Late fee under section 234B cannot be levied for a period up to 01/06/2015. In the present years under consideration, interest u/s 234B is not leviable for asst. year 2013-14 & 2014-15. However for asst. year 2015-16 the amended provisions would be applicable. In respect of asst. year 2015-16, no interest would be chargeable for the first quarter. - AT Highlights Income Tax Thu, 11 Mar 2021 12:34:39 +0530 https://www.taxtmi.com/highlights?id=57124