https://www.taxtmi.com/caselaws?id=415929 The Tribunal ruled in favor of the Assessee, directing the deletion of the late fee levied under section 234E of the Income-Tax Act for TDS returns filed before 1.6.2015. The Tribunal followed the decision of the jurisdictional High Court, holding that the levy of late fee was not valid based on the Karnataka High Court's decision. The Assessee's appeals were allowed, emphasizing the binding nature of the jurisdictional High Court's decisions on authorities within its jurisdiction. en-us Mon, 15 Nov 2021 00:00:00 +0530 Fri, 17 Dec 2021 08:53:10 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415929 The Tribunal ruled in favor of the Assessee, directing the deletion of the late fee levied under section 234E of the Income-Tax Act for TDS returns filed before 1.6.2015. The Tribunal followed the decision of the jurisdictional High Court, holding that the levy of late fee was not valid based on the Karnataka High Court's decision. The Assessee's appeals were allowed, emphasizing the binding nature of the jurisdictional High Court's decisions on authorities within its jurisdiction. Case-Laws Income Tax Mon, 15 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415929