https://www.taxtmi.com/caselaws?id=409534 The Tribunal held that the levy of late fee under Section 234E for periods prior to 01/06/2015 was not valid. The late fee imposed was deemed excessive and unreasonable, considering the appellant had deposited the TDS and interest. The Tribunal accepted the technical nature and bona fide grounds for the delay in filing the TDS statement. Consequently, the impugned order confirming the late fee was unsustainable in law. The late fee under Section 234E was ordered to be deleted, and the appeal by the assessee was allowed. en-us Fri, 09 Jul 2021 00:00:00 +0530 Sat, 10 Jul 2021 08:39:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409534 The Tribunal held that the levy of late fee under Section 234E for periods prior to 01/06/2015 was not valid. The late fee imposed was deemed excessive and unreasonable, considering the appellant had deposited the TDS and interest. The Tribunal accepted the technical nature and bona fide grounds for the delay in filing the TDS statement. Consequently, the impugned order confirming the late fee was unsustainable in law. The late fee under Section 234E was ordered to be deleted, and the appeal by the assessee was allowed. Case-Laws Income Tax Fri, 09 Jul 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409534