https://www.taxtmi.com/caselaws?id=430121 The court ruled in favor of the petitioner, an assessee under the Income Tax Act, in a case concerning the imposition of late fees under section 234E for delayed filing of TDS remittance statements. The court held that the jurisdiction to levy late fees under section 234E only arose from 01-06-2015 onwards, making it prospective. As the demands for late fees for the period from 2012-13 to 2013-14 lacked authority and were not legally sustainable, the court quashed the intimations demanding late fees. en-us Mon, 23 May 2022 00:00:00 +0530 Mon, 27 Feb 2023 14:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430121 The court ruled in favor of the petitioner, an assessee under the Income Tax Act, in a case concerning the imposition of late fees under section 234E for delayed filing of TDS remittance statements. The court held that the jurisdiction to levy late fees under section 234E only arose from 01-06-2015 onwards, making it prospective. As the demands for late fees for the period from 2012-13 to 2013-14 lacked authority and were not legally sustainable, the court quashed the intimations demanding late fees. Case-Laws Income Tax Mon, 23 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430121