https://www.taxtmi.com/caselaws?id=414895 The tribunal allowed the appeals for assessment years 2013-14 and 2014-15, directing the deletion of the penalty under section 234E of the Income Tax Act. The decision was based on the retrospective application of the late fee provision, emphasizing the principle of prospective effect in statutory interpretation. Refund claims for fees paid before 01.04.2015 were limited, and the constitutional validity of section 234E remained open for further review. en-us Tue, 02 Nov 2021 00:00:00 +0530 Fri, 19 Nov 2021 09:21:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=414895 The tribunal allowed the appeals for assessment years 2013-14 and 2014-15, directing the deletion of the penalty under section 234E of the Income Tax Act. The decision was based on the retrospective application of the late fee provision, emphasizing the principle of prospective effect in statutory interpretation. Refund claims for fees paid before 01.04.2015 were limited, and the constitutional validity of section 234E remained open for further review. Case-Laws Income Tax Tue, 02 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=414895