https://www.taxtmi.com/caselaws?id=433918 The Tribunal dismissed all appeals filed by the Assessee-Bank challenging the levy of late filing fees under section 234E of the Income Tax Act and interest under section 220(2) of the Act. The dispute centered on the retrospective application of section 200A for computing fees under section 234E. The Tribunal rejected the Assessee's arguments based on High Court decisions and emphasized that the Assessee failed to challenge the original orders in 2015 or demonstrate prejudice caused by the orders passed under section 154 of the Act. Time consumed in the current litigation was not counted towards the limitation period for filing appeals against the original orders of 2015. en-us Wed, 25 Jan 2023 00:00:00 +0530 Tue, 14 Feb 2023 08:47:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433918 The Tribunal dismissed all appeals filed by the Assessee-Bank challenging the levy of late filing fees under section 234E of the Income Tax Act and interest under section 220(2) of the Act. The dispute centered on the retrospective application of section 200A for computing fees under section 234E. The Tribunal rejected the Assessee's arguments based on High Court decisions and emphasized that the Assessee failed to challenge the original orders in 2015 or demonstrate prejudice caused by the orders passed under section 154 of the Act. Time consumed in the current litigation was not counted towards the limitation period for filing appeals against the original orders of 2015. Case-Laws Income Tax Wed, 25 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433918