https://www.taxtmi.com/caselaws?id=430627 The Tribunal allowed all three appeals filed by the Assessee, deleting the late fees levied under Section 234E of the Income Tax Act for the Assessment Years 2013-14, 2014-15, and 2015-16. The Tribunal held that the levy of late fees prior to 01.06.2015 was not tenable, following the judgment of the Karnataka High Court. Therefore, the late fees of INR 40,000 for 2013-14, INR 2,00,855 for 2014-15, and INR 2,08,050 for 2015-16 were all deleted. en-us Fri, 14 Oct 2022 00:00:00 +0530 Thu, 24 Nov 2022 07:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430627 The Tribunal allowed all three appeals filed by the Assessee, deleting the late fees levied under Section 234E of the Income Tax Act for the Assessment Years 2013-14, 2014-15, and 2015-16. The Tribunal held that the levy of late fees prior to 01.06.2015 was not tenable, following the judgment of the Karnataka High Court. Therefore, the late fees of INR 40,000 for 2013-14, INR 2,00,855 for 2014-15, and INR 2,08,050 for 2015-16 were all deleted. Case-Laws Income Tax Fri, 14 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430627